The Ministry of Transport has opened the procedure for the concession of Sofia Airport. The term of the concession is 35 years and prospects are expected to offer at least 550 million leva (275 million euro) in a one-time payment at the beginning and 5% of the airport’s revenues as an annual fee. The basic requirements for the bidders include experience as operator of at least one international airport with at least 6 million passengers annually, experience in airport infrastructure construction and guarantees for financing. The concessioner is also obliged to carry out investments worth 150 million euro for a term of 35 years.
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions, said MP Toma Bikov on behalf of the GERB-SDS parliamentary group after Bulgaria's accession to the..
An online currency converter is now available on the official website for the introduction of the euro in Bulgaria: evroto.bg. Following the official announcement of the exchange rate of 1.95583 leva to one euro, the calculator has been made easily..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost defence spending . This will enable the countries to take on additional debt for defence purposes...
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
Bulgaria reacted swiftly to a forest fire near the town of Kriva Palanka, North Macedonia, which is located near the Bulgarian -North Macedonian border...
The Chairman of the Security Services Control Committee, Atanas Atanasov, has summoned its members to a meeting today. A day after..
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