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

Kiril Petkov: Infrastructure development will allow the Balkans to achieve the highest GDP growth in Europe

Kiril Petkov
Photo: BGNES-archive

The more Bulgaria, Romania and Greece pool their efforts for an integrated and developed infrastructure, the faster the welfare of the people in each of these countries will grow, "We Continue the Change" Co-chairman Kiril Petkov said at the World Economic Forum in Davos. Kiril Petkov and Finance Minister Assen Vassilev participated at a discussion entitled ''Rethink the Ports as Hubs: The strategic importance for Greece, Balkans and Europe'' organized by ‘’Greek House Davos’’. "If you have access to diverse energy sources, you become politically and economically independent. For example, Bulgaria removed its dependence on Russian gas from 95% to 0%’’, Kiril Petkov said. He was adamant that "infrastructure development can allow the Balkans to achieve the highest GDP growth in Europe".

Minister Assen Vassilev presented data on the road traffic in the Balkans and noted that "the Bulgaria-Turkiye border has the second biggest traffic after the one between the USA and Mexico. 4,000 trucks pass through the border on a daily basis. Meanwhile, traffic has been growing between 20% and 40% in recent years’’, Assen Vassilev further said.




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

The town of Apriltsi hosts the Festival of Bacon and Mulled Rakia

Today and tomorrow, the town of Apriltsi, located in the Balkan Mountains, is hosting the traditional Festival of Bacon and Mulled Rakia, which brings together thousands of tradition enthusiasts, reported BNR correspondent Plamen Hristov. Visitors..

published on 2/15/25 10:00 AM

Temperatures will drop over the weekend with light rain and snow showers expected

On Saturday it will be mostly cloudy with occasional sunny spells in the Upper Thracian Lowlands. In eastern Bulgaria there will be light to moderate east-northeasterly winds. Minimum temperatures will be between minus 1° and 4°C, around minus 1° in..

published on 2/14/25 7:05 PM

The Commission on Protection of Competition conducts major survey in the food sector

The Commission on Protection of Competition has requested information from producers and retailers of fast-moving consumer goods to determine the pricing methods, delivery conditions and factors influencing price changes . The focus of the study is on..

published on 2/14/25 5:52 PM