Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
The Road Infrastructure Agency will apply for funding for the construction of the highway from border cross checkpoint Kalotina to the Sofia ring road, decided on Wednesday the outgoing cabinet.
The funds for the first section of the highway which starts from the border and reaches Dragoman will be sought via the Connecting Europe Facility under the annual operational programme 2016.
At present, there is one lane in this direction, while there are two lanes in the section from Dragoman to Sofia.
The road is part of the main trans-European transport network and part of the route London – Budapest – Belgrade – Niš – Sofia – Plovdiv – Istanbul – Calcutta. This is the shortest route connecting Western Europe with the Near East and the Middle East.
The project includes the construction of a 14.5 km highway, as well as many facilities – bridges, road hubs, tunnels, overpasses and underpasses.
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Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
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