Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Not enough money for all planned regional and infrastructure projects

Minister Ivanov
Photo: BGNES

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.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Institutions join forces against unjustified price increases

The Commission on Protection of Competition, the National Revenue Agency and the Commission for Consumer Protection are joining forces against unfair traders who may use the introduction of the euro, as well as the period leading up to January 1,..

published on 6/6/25 12:04 PM

Bulgarian delegation drew on the U.S. experience in the fight against drugs

A Bulgarian delegation led by Minister of Interior Daniel Mitov visited the Technical Investigations Office of the U.S. Drug Enforcement Administration (DEA), the Ministry of Interior announced. Daniel Mitov was introduced to the latest technological..

published on 6/6/25 9:21 AM

Bank accounts in Bulgarian levs will be automatically converted to euros

The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at the officially announced exchange rate (1.95583 BGN = 1 EUR). That will be done free of charge,..

published on 6/6/25 8:46 AM