The financial effect of our country's accession to Schengen by land will amount to BGN 1.63 billion (EUR 833.4 million) per year, according to a study by the Economic Research Institute at the Bulgarian Academy of Sciences.
The greatest benefit will be for heavy road transport and for producers and exporters of goods, estimated at 1.39 billion BGN (EUR 719 million). Another benefit of Bulgaria's accession to the Schengen Area by land will be the elimination of direct and potential losses for Bulgarian citizens when crossing the land border with Romania and Greece in the amount of 242,437 days. The fourth benefit will be related to the overall environmental effect of the extended waiting time for border control. "With the opening of the Schengen Area by land, carbon emissions will also significantly decrease", the study reads.
There will also be direct fiscal benefits from Bulgaria's accession to Schengen, estimated at around 138 million BGN (EUR 79.5 million).
A concert entitled “Volunteer’s Day” will bring together young talents dedicated to the causes of healthy living and volunteering on one stage in Sofia today. One of the goals of the event is to support the personal growth of young people and..
An international event focusing on European policies for a sustainable planet and climate change is being held today at Sofia University "St. Kliment Ohridski". The event is organised by the National Centre for Polar Studies at Sofia University and the..
On Tuesday, lows will be between 1 and 6°C, 1°C in Sofia. During the day it will remain mostly cloudy, with showers mainly in the southeast. Over southwestern Bulgaria the clouds will break up and clear. Maximum temperatures will be 4° to 9°C, around..
"We demand the resignation of the management of the Bulgarian Food Safety Agency for failing to address the problems, specifically the case with the..
North Macedonia’s Foreign Minister Timčo Mucunski was heard in the European Parliament’s Foreign Affairs Committee. He..
At a national meeting convened by acting Prosecutor-General Borislav Sarafo v to discuss the rise in public and domestic violence, it was declared that..
Scattered showers
Cloudy
Rain / Snow