The balance that we need between needs and realistically achievable commitments is very important because there is a real danger that some of the major infrastructure projects would be delayed at the expense of others. This was what Minister of Regional Development and Public Works Ivan Ivanov told the Bulgarian National Radio. The main issue is the financing of 2,494 submitted regional projects. 77% of them have been approved for financing. Ivanov pointed out that the completion of each project would require a total resource of about 3.5 billion euros, which obviously will not be available this year.
The minister pointed out the construction of the Cherni Osam dam for water supply to Pleven and Lovech and the implementation of delayed road projects in northern Bulgaria, including the Hemus Highway as critically important projects for which state funds must be found.
The Bulgarian Minister of Foreign affairs highly appreciated Qatar's ongoing efforts to promote peace in the Middle East and mediate a ceasefire between Israel and Hamas. Minister Georg Georgiev pointed out that Bulgaria will continue..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev held a telephone conversation with his Israeli counterpart Gideon Sa'ar. The two discussed the latest developments in the Middle East, including the practical implementation of the..
The tax laws will be revised and the budget will be revised. This is what GERB MP Delyan Dobrev, chairman of the Budget and Finance Committee in the parliament told the Bulgarian National Radio. The European Commission certainly has..
Bulgarian exports to the USA in 2023 are worth 1.1 billion dollars, and number 1 on the export list with a share of nearly 19 percent are "coins that..
By the end of next week, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will send the government its proposals to be..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel..
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