Significant economic benefits are expected for Bulgaria (population 6.5 million) and Romania (19 million), which have become full members of the Schengen area. According to estimates, GDP is likely to grow by at least 1% in both countries, an analysis by AFP shows.
In Bulgaria, the poor state of infrastructure is likely to limit the positive impact: narrow roads, highways that are often poorly maintained, few bridges over the Danube River, which is the border with Romania, non-existent or destroyed railway lines, etc. As for tourism, the sector is counting on an increase in the number of travelers to neighboring Greece, AFP predicts. "Bulgaria and Romania belong to Schengen. You have shown vision, patience and determination," said European Commission President Ursula von der Leyen in a special greeting for 2025, BGNES reported.
A Bulgarian-German forum in Sofia is discussing investment opportunities in defence today in Sofia , BNR reporter Dobromir Videv informs. The forum is attended by representatives of German companies and Bulgarian politicians, including Bulgarian..
The Economic and Social Council insists on the creation of an Energy Poverty Observatory and Information System for Vulnerable Households, BTA reports. A national strategy is also needed, including a number of measures for people who..
The legendary train “Orient Express”, will stop today at 12:45 p.m. at the Central Railway Station in Ruse, BTA reports. The train travels from Paris to Istanbul and will arrive from Romania. During the traditional stop of..
At a meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, Prime Minister Rosen Zhelyazkov stressed that the country is..
More than 2,000 post offices in small towns and villages will exchange Leva for Euro from the day Bulgarian joins the Eurozone, Stanimir Belinov,..
National Assembly President Natalia Kiselova expressed the hope that the work of the MPs will not be jeopardized, after the Vazrazhdane leader called on..
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