“The North-South connection plays a key role for the sustainable infrastructure and connectivity in Southeastern Europe via the construction of a motorway linking Greece with Romania via Bulgaria. We are hoping the procedures will be concluded as soon as possible and the project will be completed within 5 years,” said Bulgaria’s Finance Minister Assen Vassilev at an international Southeast Europe Connectivity Forum in Thessaloniki. “With the motorway providing an outlet for Bulgarian ports to the Mediterranean, connectivity will be completely fully,” Minister Vassilev explained and added that the old road connecting the Northern countries via the Balkans ran between Vienna and Istanbul, and that today a new North-South connection to the Mediterranean is needed. A EUR 6 billion guarantee is set down in the budget for this corridor, a contractor is expected to be selected to handle the construction work, Assen Vassilev said.
There will be no increase in taxes or suspension of social payments, Minister of Labor and Social Policy Borislav Gutsanov said in an interview with public broadcaster BNT. Borislav Gutsanov stated that the Ministry of Labor and Social Policy..
Temperatures in the mountains are relatively high for the season and it is windy and foggy on higher ground. However, the conditions for winter sports and hiking in the mountains are good, reported BTA. On Friday it rained in some mountain areas,..
The convergence report for joining the Eurozone will be requested after February 18, when the draft state budget is submitted. In an interview with public broadcaster BNT, Bulgaria’s Prime Minister Rosen Zhelyazkov stated that the draft budget..
"I categorically want to put an end to all insinuations that Bulgaria is abandoning its goal of joining the Eurozone within the next year", said..
Captain Lyubomir Chanev and chief mate Danail Veselinov returned to Bulgaria. They were held captive by Yemen's Houthis for 430 days. The Galaxy Leader..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that she is concerned about the current state of the country’s finances, which,..
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