The balance that we need between needs and realistically achievable commitments is very important because there is a real danger that some of the major infrastructure projects would be delayed at the expense of others. This was what Minister of Regional Development and Public Works Ivan Ivanov told the Bulgarian National Radio. The main issue is the financing of 2,494 submitted regional projects. 77% of them have been approved for financing. Ivanov pointed out that the completion of each project would require a total resource of about 3.5 billion euros, which obviously will not be available this year.
The minister pointed out the construction of the Cherni Osam dam for water supply to Pleven and Lovech and the implementation of delayed road projects in northern Bulgaria, including the Hemus Highway as critically important projects for which state funds must be found.
The sale of assets of the Russian oil company Lukoil in Bulgaria will only proceed following a decision by the Council of Ministers and approval from the State Agency for National Security (SANS) , MPs stipulated during the first reading of amendments to..
Bulgaria needs to make additional efforts to prevent human trafficking and to protect victims, according to conclusions from a report by the Council of Europe’s Group of Experts on Action against Trafficking in Human Beings (GRETA), published..
The Bulgarian National Bank (BNB) has acquired 66,000 troy ounces of gold (2053.2 kg. ), the national bank writes on its website. The BNB made this purchase after, on 8 July, the Council of the EU adopted a decision on the adoption of the..
The population of white storks in Bulgaria has increased by 33% in recent years, according to data from the 8th International White Stork Census , cited..
Bulgarians living abroad have shown unprecedented interest in the Ministry of Labour and Social Policy’s “I Choose Bulgaria” programme, deputy Minister for..
On Friday, the lowest temperatures will range between 5°C and 11°C, in Sofia 7°C. During the day, the cloud cover across the country will be..
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