The European Commission has approved a EUR 5.8 million Bulgarian measure to support the Burgas and Varna airports in the context of Russia's war against Ukraine.
Under the measure, the aid will take the form of a deferral of the payment of the concession fees due by Fraport Twin Star Airport Management AD, the company managing the two airports, to the Bulgarian government, which owns the airports' infrastructures. The purpose of the measure is to help the two airports address the liquidity shortages that they are facing due to a decrease in operations following the closure of the Ukrainian airspace, as well as of the European airspace to Russian aircraft, by reducing the costs borne by the airport operator.
The seaside airports of Varna and Burgas are set to enhance their passengers' experience by introducing the environmentally sustainable Gate Garden concept in early summer, reports BTA, citing concessionaire Fraport Twin Star Airport Management, which..
On the basis of December inflation data published yesterday by Eurostat, the Institute for Market Economics (IME) forecasts that the country could join the eurozone from 1 January next year. Compared to December 2024, the average annual inflation..
Since 2007, when Bulgaria joined the European Union, the country has received €16.3 billion in EU funds, according to an analysis by the Institute for Market Economics (IME) . European funds have been invested in all major infrastructure projects..
A global campaign focusing on the right of every child to grow up in a family environment has been launched in Sofia on the initiative of the UK..
Since 2007, when Bulgaria joined the European Union, the country has received €16.3 billion in EU funds, according to an analysis by the Institute for..
On the basis of December inflation data published yesterday by Eurostat, the Institute for Market Economics (IME) forecasts that the country could join..
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