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Assen Vassilev

Finance Minister Assen Vassilev expects inflation rate to subside in April

“Inflation is approximately within average European norms. We are 2% over the EU average. We expect the peak to be reached in March-April, after which inflation will begin to calm down. That is when energy prices will also begin to go down and..

20.01.22 12:33 |

Minister of Interior: 30-40% of money for Hemus Highway went to GERB

About 30-40% of a total of 53 million Bulgarian levs transferred in advance for the construction of part of the Hemus Motorway to companies presenting themselves as highway builders were actually directed to one political party and that was GERB...

04.01.22 18:13 |
Minister Prodanov

Tourism infrastructure will be properly renovated, Minister Prodanov says

"Tourism has been facing a great challenge for two years. What we will focus on is the payment of aid, starting at the beginning of the year. We have been waiting for a notification from the EU in order to start supporting tour..

15.12.21 15:20 |

Lack of qualified manpower and good infrastructure in Bulgaria deters potential investors

The European Bank for Reconstruction and Development lowered its forecast for the Bulgarian economy due to the low level of vaccination against the novel coronavirus and the political crisis. Does Bulgaria stand a chance to recover after..

24.11.21 18:05 |

Bulgaria does not have an electric vehicle infrastructure

Bulgaria is among the countries of the EU with the smallest number of charging stations for electric vehicles per 100 kms. of roads, indicates a survey by the Association of Car Manufacturers. In 10 EU countries electric car drivers have to..

13.09.21 11:02 |

Three Seas Initiative to attract investment from Japan, South Korea and Qatar

Japan, South Korea and Qatar are countries that will also join the Three Seas initiative, because the initiative's priorities are good energy infrastructure and digital connectivity along the north-south axis in Central and Eastern Europe. This was..

18.05.21 11:35 |

EC approves 562.5 million euro under REACT-EU, including for Bulgaria

The European Commission has approved additional funding of 562.5 million euro for Bulgaria, France, Finland and Lithuania under the REACT-EU initiative (Recovery Assistance for Cohesion and the Territories of Europe) for recovery from the Covid-19..

16.04.21 19:27 |

Sofia takes out 60 million euro loan for new infrastructure

Sofia municipality is to take out a 60 million euro investment loan from the European Investment Bank, the Sofia municipal council has decided. The money will go for the construction of inner rings to take traffic out of the city centre,..

14.01.21 16:44 |
Minister of Regional Development and Public Works Petya Avramova

Investors from USA with an interest in Bulgarian infrastructure projects

In a video conference with Minister of Regional Development and Public Works Petya Avramova, US Ambassador to Bulgaria Herro Mustafa stated that American companies were interested in implementing infrastructure projects in Bulgaria. Minister..

28.05.20 14:24 |

Sofia and Skopje discuss transport and infrastructure projects

On the second day of its meeting in Skopje, the Bulgaria-North Macedonia intergovernmental committee for trade and economic cooperation is discussing projects of mutual interest in transport and infrastructure.   An item of particular..

07.03.19 10:26 |
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