“Bulgaria urges Romania to agree to the exploration, simultaneously, of the five possible points for the construction of more bridges over the Danube between the two countries. The Ministry of Transport in Sofia is contemplating giving the construction of such bridges and of part of the road infrastructure under concession,” Transport Minister Nikolay Sabev says in an interview with 24 Chasa newspaper.
The consulting bank that has already been selected for the concessions is in contact with the consortium of two Turkish and two South Korean companies which built the 3.5 kilometre-long bridge over the Dardanelles in the space of 4 years. The concession period includes the period of construction so that the investors have an interest in constructing the facilities more quickly, Minister Sabev said.
The residential real estate market in Sofia in the second quarter of 2024 remains stable and active. Despite forecasts for a possible lull, the trends show a rise in prices and a significant increase in demand. This is shown by an analysis of one..
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
The investment in Sofia Airport's Terminal 3 will set new standards for the industry and travel in Eastern Europe, reports BTA, quoting Jesus Caballero,..
Bulgaria and China established diplomatic relations 75 years ago – in 1949. A year later, the People’s Republic of China and the People’s Republic of..
As of October 1, the BNB has tightened the criteria for banks when granting mortgage loans. The central bank's decision comes after an analysis that shows..
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