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Kiril Petkov: Infrastructure development will allow the Balkans to achieve the highest GDP growth in Europe

Kiril Petkov
Photo: BGNES-archive

The more Bulgaria, Romania and Greece pool their efforts for an integrated and developed infrastructure, the faster the welfare of the people in each of these countries will grow, "We Continue the Change" Co-chairman Kiril Petkov said at the World Economic Forum in Davos. Kiril Petkov and Finance Minister Assen Vassilev participated at a discussion entitled ''Rethink the Ports as Hubs: The strategic importance for Greece, Balkans and Europe'' organized by ‘’Greek House Davos’’. "If you have access to diverse energy sources, you become politically and economically independent. For example, Bulgaria removed its dependence on Russian gas from 95% to 0%’’, Kiril Petkov said. He was adamant that "infrastructure development can allow the Balkans to achieve the highest GDP growth in Europe".

Minister Assen Vassilev presented data on the road traffic in the Balkans and noted that "the Bulgaria-Turkiye border has the second biggest traffic after the one between the USA and Mexico. 4,000 trucks pass through the border on a daily basis. Meanwhile, traffic has been growing between 20% and 40% in recent years’’, Assen Vassilev further said.




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