Sofia municipality is to take out a 60 million euro investment loan from the European Investment Bank, the Sofia municipal council has decided.
The money will go for the construction of inner rings to take traffic out of the city centre, renovation of tramway lines and for the first part of the Slatina-Borisova Gradina green ring.
The plans are for 10 strategic sites to be implemented within a period of 5 years. The loan is to be paid off in 20 years, at a 0.35% interest rate on the principal. The investment aims to reduce traffic in the city centre, increase road safety and improve ambient air quality, BTA reports.
Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..
The Democrats for a Strong Bulgaria (DSB) are to nominate the party’s leader Atanas Atanasov for president of the 51 st National Assembly. According to BNR sources, the decision was made by the party’s national leadership and will be put to..
The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey cosmetics. The initiative for the event belongs to the regional apiary union and the Pleven..
Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this..
"After today's vote for Speaker of the National Assembly, ''We Continue the Change'' (PP) demanded the resignations of Daniel Lorer and Yavor..
On Friday, cloudy weather will prevail over the country. The wind will be oriented from the northwest, will strengthen and in the Danube Plain its speed..
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