Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

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.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The third vote of no confidence fails with 54 votes "for"

The third vote of no confidence against the cabinet of Rosen Zhelyazkov has also proved unsuccessful. 130 of the MPs present from GERB - SDS, BSP - United Left, ITN and "DPS - New Beginning" voted against the proposal. 54 MPs from..

published on 7/4/25 2:12 PM

Diplomats in Sofia meet repressed Ljupco Georgievski from Bitola

Foreign Minister Georg Georgiev has met with ambassadors and diplomats from EU Member States, the US, Canada, the UK and Switzerland in Bulgaria. The diplomats were briefed in detail on the increasing trends of institutional..

published on 7/4/25 1:22 PM
Port of Varna

A concessionaire is being sought for the Port of Varna

A concession will be granted for   the Port of Varna, which is an opportunity for investments worth hundreds of millions, Deputy Prime Minister Grozdan Karadzhov told the Parliamentary Committee on Transport and Communications, as quoted by..

published on 7/4/25 11:12 AM