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.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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