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.
Every truck waiting in long queues at the border costs its owner 200 euros a day. This is what Bulgarian GERB-SDS/EPP MEP Andrey Novakov said during a discussion on the issue. The Bulgarian Industrial Association is one of the organisers of the forum in..
Housing prices in Bulgaria continue to rise. In the second quarter of 2024, they increased by 3.4% compared to the previous quarter. The largest price growth was registered in the town of Ruse (+13.2%), followed by the cities of Plovdiv (+5.3%), Sofia..
On October 10, the European Commissioner for Internal Affairs Ylva Johansson and the Minister of Internal Affairs of Hungary will propose to the Council of the EU that checks on the land borders of Bulgaria and Romania be abolished. The..
"It's about time." Thus succinctly President Rumen Radev commented from New York on the possibility that on October 10 of this year a proposal be..
On October 10, the European Commissioner for Internal Affairs Ylva Johansson and the Minister of Internal Affairs of Hungary will propose to the Council..
The European Commission has approved the transfer of EUR 90 million that remained unused by Bulgaria during the previous financial..
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