In a joint analysis, the Dusseldorf Institute for Macroeconomics, the Vienna Institute for International Economic Studies WIIW and the French OFCE Institute have called on the EU to invest the billions planned for recovery from the Covid-19 crisis in two key projects.
The first is for a trans-European high-speed railway to connect all European capitals and the second for a "European Silk Road" to Moscow and the countries of the Caucasus. Both projects have key routes through Bulgaria. 853 km of "Ultra-Rapid-Train" or "Trans Europa Express" must pass through Bulgaria, and the cost of the Bulgarian section is 59% of the current GDP of the country, the analysis shows. A total of 18,250 km in the EU would cost 1,1 trillion euros.
On Tuesday, the lowest temperatures will be between minus 5 and 0°C; in Sofia - around minus 5°C. It will remain cold and cloudy with snowfalls over most of the country and rainfall in the southeastern regions. The snow cover will..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced. Thus, its official name becomes Vasil Levski Sofia Airport. According to the Constitution, the Head of..
The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans. A statement..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
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