“Bulgaria urges Romania to agree to the exploration, simultaneously, of the five possible points for the construction of more bridges over the Danube between the two countries. The Ministry of Transport in Sofia is contemplating giving the construction of such bridges and of part of the road infrastructure under concession,” Transport Minister Nikolay Sabev says in an interview with 24 Chasa newspaper.
The consulting bank that has already been selected for the concessions is in contact with the consortium of two Turkish and two South Korean companies which built the 3.5 kilometre-long bridge over the Dardanelles in the space of 4 years. The concession period includes the period of construction so that the investors have an interest in constructing the facilities more quickly, Minister Sabev said.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..
Mostly Cloudy
Partly cloudy, chance of rain
Partly Cloudy
Partly cloudy, chance of snow