In a joint analysis, the Dusseldorf Institute for Macroeconomics, the Vienna Institute for International Economic Studies WIIW and the French OFCE Institute have called on the EU to invest the billions planned for recovery from the Covid-19 crisis in two key projects.
The first is for a trans-European high-speed railway to connect all European capitals and the second for a "European Silk Road" to Moscow and the countries of the Caucasus. Both projects have key routes through Bulgaria. 853 km of "Ultra-Rapid-Train" or "Trans Europa Express" must pass through Bulgaria, and the cost of the Bulgarian section is 59% of the current GDP of the country, the analysis shows. A total of 18,250 km in the EU would cost 1,1 trillion euros.
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
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