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.
In recent years, Bulgaria has been collecting and processing 15,000 tons of herbs annually . Nearly 90% of them are exported. More than 200 herbs are widely used in the pharmaceutical, cosmetic and food industries. Active trade covers more than 20..
Bulgaria is still on the position that there should be five crossings on the Danube River, Deputy Premier and Minister of Transport and Communications Grozdan Karadjov said at a meeting of the National Assembly Committee on Transport and..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev represented Bulgaria at the regular meeting of the EU Foreign Affairs Council in Brussels, the Ministry of Foreign Affairs reported. Minister Georgiev emphasized Bulgaria’s consistent..
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it,..
The Trade Union of Bulgarian Medical Specialists has declared readiness for protest actions and an effective strike, according to a statement published..
In recent years, Bulgaria has been collecting and processing 15,000 tons of herbs annually . Nearly 90% of them are exported. More than 200 herbs are..
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