On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and leader of the Bulgarian Communist Party, Todor Zhivkov, turned the first sod for the country's northern transport axis. This was also the start of construction of the motorway ring in Bulgaria. The main designer of the route is engineer Dena Palankova, BTA recalls.
By 1985, the difficult section with numerous tunnels and bridges passing through the Vitinia Pass was completed. The highest viaduct in Bulgaria (120 meters) is situated in this section. The planned length of the highway route is 418 km, which makes "Hemus" the longest motorway in Bulgaria, but currently 191 km are completed and in use. A new 7 km-long section is soon to be put in use.
The liberalization of the electricity market for household consumers and their entering the free electricity market, something companies did years ago, is being postponed. At least for now. The reform should have entered into effect on 1..
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has already taken concrete measures to adapt to the new currency, the new chairman of the Financial..
The likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single currency. The signals are coming both from the Bulgarian government, which has repeatedly stated..
The positive convergence report will have a positive impact on people's standard of living and purchasing power, as well as on the country’s business..
Partly Cloudy
Clear
Partly cloudy, chance of rain