Bulgaria's Eurozone Aspirations: Fitch Ratings Affirms Positive Outlook
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
''We are starting work on signing agreements on water and rail transport with Serbia.'' This was announced by the Minister of Transport, Information Technology and Communications Ivaylo Moskovski after the meeting with the Deputy Prime Minister and Minister of Construction, Transport and Infrastructure of Serbia Zorana Mihajlovic. Participation in the meeting took the Minister of Regional Development and Public Works Nikolay Nankov.
Among the main topics of the talks were the connection and integration of the Western Balkans with the European Union, which is one of the priorities of the Bulgarian Presidency of the Council of the EU. The meeting also discussed the reduction of roaming between the two countries as well as the concession procedures at Sofia and Belgrade airports.
"Bulgaria is actively working on the construction of road and rail links between Sofia and Kalotina," said Minister Moskovski. The tender procedure for the Sofia-Voluyak railway section, which is financed by the Connecting Europe Facility, is underway.''
Minister Moskovski reminded that there is a technical project for the railway line from Voluyak to Dragoman and it is expected that the auctions will be announced at the latest in early 2019. "If there are no significant delays in the tendering procedures within 3 years, we will have a rail link and interoperability of systems between Bulgaria and Serbia, "he said.
Deputy Prime Minister Zorana Mihajlovic said that the border line with Bulgaria is a priority for their country and that funding is already provided for the electrification of the railway line from Nis to Kalotina.
There are talks at expert level between the two countries to discuss an agreement on cross-border rail traffic between Bulgaria and Serbia.
Minister Nikolay Nankov informed his Serbian counterpart that the Bulgarian side has launched the tendering procedures for the road section from Sofia to Kalotina and it is expected that in 2018 the real construction on these sections.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Barbara Leaf, the US Assistant Secretary of State for Middle East Affairs, criticized the Yemeni Houthis for their inhumane actions in capturing merchant ships, including the "Galaxy Leader"
In a testament to enduring friendship, this year marks the 75th anniversary of the establishment of diplomatic relations between Bulgaria and China
Italy has thrown its weight behind Bulgaria's bid for full-fledged membership in the Schengen area, affirming its steadfast support during Italian President Sergio Mattarella's two-day visit to Bulgaria
In a strategic move aimed at reinforcing Bulgaria's commitment to its European aspirations and tackling corruption, outgoing Prime Minister Nikolai Denkov held a crucial meeting with EU, Ukrainian, US, and British ambassadors
In a statement that underscores the United States' keen interest in Bulgaria's political landscape, US Ambassador Kenneth Merten expressed disappointment at the failure of negotiations to form a government in the country
Nathaniel Copsey has been appointed as the new British Ambassador to the Republic of Bulgaria, succeeding Rob Dixon, announced the British Embassy
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022