Perspectives of Political Leaders on the Security, Sovereignty, and Strategic Evolution of Bulgaria's 20 Years in NATO
Two decades ago, Bulgaria embarked on a transformative journey by joining the North Atlantic Treaty Organization (NATO)
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Danube Bridge 2 linking Bulgaria’s Vidin with Kalafat in Romania has generated revenue of EUR 43 M since opening for road and rail traffic in the middle of June 2013, Bulgarian Transport Minister Ivaylo Moskovski has said.
Nearly 1.8 milllion vehicles have crossed the Danube in both directions between July 2013 and the beginning of May 2016, Moskovski said in a written reply to a question asked by a member of parliament.
Nearly 90% of revenue from tolls was generated by trucks, with the remainder coming from passenger cars and light commercial vehicles.
Moskovski also said that charges for using the bridge wouldn’t be cut in view of the need to repay bank loans used to finance its construction.
Revenue from tolls is split between Bulgaria and Romania proportionately to the investment which each country has made in the construction of the bridge and adjacent infrastructure.
Bulgaria has so far invested EUR 287 M versus Romania’s EUR 83.5 M, Moskovski said.
Bulgaria expects to fully recover its investment by 2031 if the charges for using the bridge remain at their current levels, Moskovski added.
It is impossible to cut tolls for motor vehicles registered in Bulgaria’s Vidin Region and Dolj County, in which the respective ends of the bridge lie, because preferential rates will be equivalent to illicit state aid under EU rules, Moskovski explained in his answer.
Crossing the bridge in one direction costs EUR 6 for passenger cars and light trucks of up to 3.5 tonnes. Tolls for heavier trucks start at EUR 12 and reach EUR 37 depending on the vehicles’ total maximum permissible weight, while buses pay EUR 25.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
After nearly a decade-long absence, the renowned French retail chain Carrefour has made a triumphant return to Bulgaria, marking its comeback with the opening of two supermarkets in Sofia
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
Svetoslav Stanulov, chairman of the Association of Bulgarian Airlines (ABA), has emphasized the need to assess Sofia Airport's potential as a hub for transit and transfer flights
Pegasus Airlines is set to recommence its scheduled flights between Sofia and Istanbul, marking a significant milestone in air travel connectivity between Bulgaria and Turkey
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022