In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement Negotiations.
This was the outcome of a high-level meeting between Bulgaria’s Deputy Minister of Transport and Communications Biser Minchev, Stefan Volkanovski, State Secretary at North Macedonia's Ministry of Transport, Sinisha Ivanovski, Director of Railway Infrastructure in North Macedonia, representatives of the European Commission, the European Investment Bank, the European Bank for Reconstruction and Development and the Transport Community Secretariat.
The two countries agreed to hold a regular high-level dialogue and establish a joint working group for Corridor No. 8, and to find a coordinated technical solution for the construction of the cross-border section of the Corridor, BTA reported.
The overall business climate indicator in Bulgaria has increased in December by 1.7 points from 17 percent to 18.7% compared to November . An increase in the indicator was observed in the industry sector by 1.9 points, in retail trade by 5.7 points and..
The National Assembly postponed the discussion and voting of the most important fiscal law of the land – the national budget for 2025 – for next year. “If we do not have an approved budget by 19 January, then everything in the country will grind to a..
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to 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..
+359 2 9336 661