The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a new bridge over the Danube River between Giurgiu in Romania and Ruse in Bulgaria, reports "Economedia". The maximum period for completing the study is 23 months from the contract's effective date.
The maximum cost of the feasibility study is estimated at 71.9 million Romanian lei (EUR14.46 million), which will be funded by EU grants provided through the Connecting Europe Facility (CEF). The documentation for awarding the contract for the feasibility study has been published in the Electronic System for Public Procurement. This will be the third bridge over the Danube between Romania and Bulgaria, "Economedia" recalls.
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
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