A rail corridor linking China and Europe and providing a logistical alternative to existing routes via Russia and Iran, was officially launched Monday. The EU welcomed the new corridor and pointed out that "if the transport links between Turkey and Bulgaria were further improved, the project would provide a fast and reliable land link between Europe and Asia along the ancient Silk Road," media reported.
The railway tunnel, planned to pass under the Bosporus, before the rail reached Bulgaria and Western Europe, has not yet been completed. If this happened, Bulgaria could become a transit country, part of the route.
However, in order for Chinese companies to opt for a route through Bulgaria, the country has to renovate railway lines that would allow a speed of 120 km/h.
The leader of "We Continue the Change", Asen Vassilev, described the selection of Rumen Spetsov as a special manager at Lukoil as a "bad joke". "Rumen Spetsov was appointed to collect taxes, not to manage a refinery. There is a..
The nominated person for special manager for the four companies of "Lukoil Bulgaria" is Rumen Spetsov, Minister of Economy, Petar Dilov, said. "He meets all legal requirements", Dilov added. The decision was discussed at the Security..
We hope that today Bulgaria will receive a derogation from the US sanctions against Russian company Lukoil, such as the one in Germany - for 6 months. This was what Boyko Borissov, leader of the GERB party, said. In anticipation of..
The average gross monthly salary in Bulgaria for July 2025 was BGN 2,570 (EUR 1,314.02), for August BGN 2,497 (EUR 1,276.7), and for September BGN 2,580..
Today, Sofia will host the fifth edition of the Global Women Leaders Forum. The event is organized by the Council of Women in Business in Bulgaria...
Bulgaria consistently opposes proposals to remove the requirement for unanimity in decision-making within the framework of the EU’s Common Foreign and..
Partly Cloudy
Mostly Cloudy
Fog