The European Investment Bank and FUND Flag have signed a EUR 25 million loan to promote urban regeneration and rehabilitation in cities across Bulgaria. FUND Flag will match the loan amount with EUR 25 million of its own resources and channel the total sum (EUR 50 million) to Bulgarian municipalities, municipal enterprises and other institutions responsible for providing public services.
The money will be used for upgrading urban green areas and open public places, improving sustainable urban transport and reconstructing public buildings. The projects are expected to create 1,500 new jobs in construction sector. 20% of the investments are specifically intended for energy efficiency, the reporter of BNR Marta Mladenova announced.
New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%. According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a national survey by Podkrepa trade union. Half of those surveyed are in favour of a nation-wide..
The damage control and fire-fighting teams in Shumen have responded to 10 reports of damage due to the strong wind, the Regional Directorate of the Interior Ministry has announced. More often than not the reports were of fallen trees and branches in..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a..
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