Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Kiril Petkov: Infrastructure development will allow the Balkans to achieve the highest GDP growth in Europe

Kiril Petkov
Photo: BGNES-archive

The more Bulgaria, Romania and Greece pool their efforts for an integrated and developed infrastructure, the faster the welfare of the people in each of these countries will grow, "We Continue the Change" Co-chairman Kiril Petkov said at the World Economic Forum in Davos. Kiril Petkov and Finance Minister Assen Vassilev participated at a discussion entitled ''Rethink the Ports as Hubs: The strategic importance for Greece, Balkans and Europe'' organized by ‘’Greek House Davos’’. "If you have access to diverse energy sources, you become politically and economically independent. For example, Bulgaria removed its dependence on Russian gas from 95% to 0%’’, Kiril Petkov said. He was adamant that "infrastructure development can allow the Balkans to achieve the highest GDP growth in Europe".

Minister Assen Vassilev presented data on the road traffic in the Balkans and noted that "the Bulgaria-Turkiye border has the second biggest traffic after the one between the USA and Mexico. 4,000 trucks pass through the border on a daily basis. Meanwhile, traffic has been growing between 20% and 40% in recent years’’, Assen Vassilev further said.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Daniel Mitov

Interior minister orders nationwide inspection of dangerous road sections

Against the background of protests in different towns across the country against the “war on the roads”, the poor condition of roads, corruption in public procurement and flawed road repairs, Minister of Interior Daniel Mitov has ordered a..

published on 4/5/25 2:28 PM
Zhecho Stankov (L) and Alparslan Bayraktar

Changes to gas contract between Bulgaria and Türkiye’s BOTAŞ in the offing

Ways to improve the positions of the sides to the contract between Bulgaria’s Bulgargaz, Bulgartransgaz and Türkiye’s BOTAŞ will be discussed until 2 May. Agreement on this was reached in Baku, Azerbaijan, by Bulgaria’s Minister of Energy Zhecho..

published on 4/5/25 1:39 PM
Hundreds came out to protest in memory of Siyana in Pleven last night

Protests against war on the roads after death of a child in serious traffic accident

A wave of outrage is sweeping over Bulgaria after a severe accident on the Telish-Radomirtsi road (Pleven region), in which 12-year old Siyana lost her life as she was returning from a holiday with her grandparents. A protest is scheduled for today..

published on 4/5/25 11:50 AM