Bulgaria's External Debt Reaches €44.4 Billion: National Bank Report
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
The logistics industry is a main driving force of the economy with a share of over 10% of Europe's GDP, according to Bulgaria's Transport Minister Danail Papazov.
Speaking Thursday at the opening of a conference titled "Technological Trends in Logistics: Products and Solutions," Papazov noted that the development of freight logistics and the creation of a favorable environment for the efficient functioning of logistics systems was a priority in the work of the Ministry of Transport, Information Technology and Communications.
He claimed that the modernization of transport infrastructure was a guiding factor in that process.
Papazov, as cited by the press office of the Transport Ministry, informed that a major portion of the efforts of the Ministry was directed at the development of infrastructure servicing priority trans-European destinations and the construction of intermodal nodes at key points on the territory of the country.
"In parallel, we strive to introduce new technologies in the different types of transport. Apart from cost cuts, intelligent transport systems also allow improving service quality and a more efficient functioning of the transport-logistics system," he declared.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Artificial intelligence is changing the world’s economic and political landscapes, pushing every country to increase their AI investments.
Passengers can now book tickets for attractions, museums, tours, sports matches, live events and theater performances through the Wizz Air website and app
It's that time of year when the sun rises earlier, the days are warmer, and the desire for rest and adventure calls more and more often
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
In a significant stride towards enhancing connectivity between Turkey and Bulgaria, the launch of direct flights between Istanbul and Sofia marks a milestone in air travel
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022