On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and leader of the Bulgarian Communist Party, Todor Zhivkov, turned the first sod for the country's northern transport axis. This was also the start of construction of the motorway ring in Bulgaria. The main designer of the route is engineer Dena Palankova, BTA recalls.
By 1985, the difficult section with numerous tunnels and bridges passing through the Vitinia Pass was completed. The highest viaduct in Bulgaria (120 meters) is situated in this section. The planned length of the highway route is 418 km, which makes "Hemus" the longest motorway in Bulgaria, but currently 191 km are completed and in use. A new 7 km-long section is soon to be put in use.
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
A working individual living in a one-person household needs a net monthly income of 1,521 BNG (EUR 747) to cover basic needs. A three-member household needs 2,738 BGN (EUR 1,344). The income needed to cover minimum living costs increases by..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for..
+359 2 9336 661