On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and leader of the Bulgarian Communist Party, Todor Zhivkov, turned the first sod for the country's northern transport axis. This was also the start of construction of the motorway ring in Bulgaria. The main designer of the route is engineer Dena Palankova, BTA recalls.
By 1985, the difficult section with numerous tunnels and bridges passing through the Vitinia Pass was completed. The highest viaduct in Bulgaria (120 meters) is situated in this section. The planned length of the highway route is 418 km, which makes "Hemus" the longest motorway in Bulgaria, but currently 191 km are completed and in use. A new 7 km-long section is soon to be put in use.
The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
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..
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the..
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a..
Partly Cloudy
Clear