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, renovation of tramway lines and for the first part of the Slatina-Borisova Gradina green ring.
The plans are for 10 strategic sites to be implemented within a period of 5 years. The loan is to be paid off in 20 years, at a 0.35% interest rate on the principal. The investment aims to reduce traffic in the city centre, increase road safety and improve ambient air quality, BTA reports.
An honorary consulate of Bulgaria has been opened in the city of Stavanger in the Kingdom of Norway. This was decided at a government meeting today. The consular district covers Rogaland (Stavanger), Vestland (Bergen) and Agder (Kristiansand). Renowned..
"On behalf of the state, we declare war on the property mafia." This was announced at a press conference by Justice Minister Georgi Georgiev. He said that the activities of the real estate mafia had reached unprecedented levels and were characterised by..
The first vote of no confidence in Rosen Zhelyazkov's cabinet was submitted to parliament on the initiative of the Vazrazhdane party, with the support of Velichie and MECH. "This vote is doomed by pure mathematics, but that does not mean that we..
Thursday will be mostly cloudy with rain and east-northeasterly winds , increasing in the Danube plain and the Upper Thracian lowlands. Minimum..
On the initiative of Bulgarian President Rumen Radev, Rheinmetall CEO Armin Papperger is visiting Bulgaria to look for cooperation projects with the..
Starting from 9 am today, traffic on the Danube Bridge at the border with Romania will be suspended. This is required due to technological..
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