Sofia municipality is to take out a 60 million euro investment loan from the European Investment Bank, the Sofia municipal council has decided.
The money will go for the construction of inner rings to take traffic out of the city centre, renovation of tramway lines and for the first part of the Slatina-Borisova Gradina green ring.
The plans are for 10 strategic sites to be implemented within a period of 5 years. The loan is to be paid off in 20 years, at a 0.35% interest rate on the principal. The investment aims to reduce traffic in the city centre, increase road safety and improve ambient air quality, BTA reports.
On Wednesday, the lowest temperatures will range from 0°C to 5°C, for Sofia 0°C. During the day, it will be mostly cloudy with fog in the plains. There will be light rain in some places. Daytime highs will be between 4°C and 9°C, around 6°C in the..
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