“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.
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
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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