Bulgaria's Varna to Compete for European Black Sea Capital - Report

Business | July 26, 2008, Saturday // 00:00

Varna is one of the top two finalists for European Black Sea Capital of the European Union (EU), according to the Bulgarian daily newspaper "Standard."

The EU is going to select the European Black Sea capital between two cities: Varna in Bulgaria and Konstantsa in Romania.

The newspaper cites John Murray, Director of growthclusters.com - an organization working at national, regional, local and international levels in the area of cluster development saying that "Brussels' goal was not the moving of Eastern Europe to Paris or London but rather aligning the living standards."

Murray had also pointed out that comparing Varna to Konstantsa would be the same as comparing the Frankfurt airport to Heathrow since Varna is a much bigger city than the Romanian resort.

According to the UK expert, despite Konstantsa's advantage of its recently reconstructed port, Varna's chances to become the EU Black Sea Capital would greatly improve with the construction of a larger and modern logistic center in the Bulgarian main coastal city and port.

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