An intermodal terminal is to be built in Ruse by the end of 2025, the Railway Infrastructure National company has announced.
The start is expected to be given to the project, worth EUR 26.59 million, at the beginning of next year. According to analysts, initially it will be able to process around 60,000 containers a year, and by 2045 the facility’s capacity can be doubled. The terminal will help increase freight transport significantly and avoid the congestion at Ruse's Danube Bridge border check point.
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
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