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.
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
The Embassy of Bulgaria in Washington hosted a reception for the Board of Executive Directors of the oldest Jewish organization "B'nai B'rith" . This was announced by the diplomatic mission on Facebook . The organization’s CEO..
Applications for recognition of higher education obtained abroad have doubled. This was announced by Vanya Grashkina-Mincheva, executive director of the National Center for Information and Documentation before a meeting of the parliamentary education..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
Partly Cloudy
Clear