Daniel Mitov Ready for Foreign Minister Role Amid Geopolitical Test in Bulgaria
Daniel Mitov, Deputy Chairman of GERB, has expressed his readiness to assume the position of Acting Foreign Minister
Bulgaria plans to invest some BGN 2 B in its railway system during the 2014-20 EU programin period, stated Bulgarian Minister of Transport Danail Papazov.
Among the priorit rail lines will be those carryin international traffic, such as Sofia-Svilengrad, Sofia-Burgas, Vidin-Sofia and Varna-Ruse.
"Our main goal is to increase the speed and safety of our railroads," stated Papazov.
He also stressed that his ministry is hard at work to revive the ailing Bulgarian State Railways (BDZ) company, including via EU funds.
"We are attempting many things here, for BDZ's condition is very grave," added Papazov.
Bulgaria's former cabinet of cener-rightist party GERB planned to privatize BDZ's lucrative Freight Transport unit to pay off the company's debt.
Bulgaria's new cabinet, backed by the Bulgarian Socialist Party and the liberal movement for rights and Freedoms, has stated it is scrapping those plans and will seek other means.
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As the May holidays mark the onset of sea tourism, Bulgarians and foreigners preparing for their annual getaways are facing a stark reality: trips this year will come with a heftier price tag
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
In an unexpected turn, Bulgaria and Turkey have been notably absent from the list of the ten cheapest European summer destinations for British tourists
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
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Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022