Bulgaria Transport Min Demands BGN 2 B for Railways Renovation

Business | July 28, 2008, Monday // 00:00

Bulgaria's Transport Minister Petar Mutafchiev insisted that a total of BGN 2 B should be allocated to the renovation of the railways from 2009 state budget.

The demand was place during the sitting of the three-way ruling coalition, held in the weekend in the resort town of Bansko.

The centrist NMPS party and the Turkish ethnic formation reacted sharply against the demand, saying it was unrealistic.

The chair of the Transport Parliamentary Commission Yordan Mirchev proposed that the government should undertake a long-term financial strategy for modernization of the rail network.

An official statement released by the governmental press office reads that the rulers have decided they are to prepare a finance framework for renovating the rail infrastructure for the period 2008 - 2013 in accordance with the European requirements.

Buying new carriages and locomotives is one of the steps to be taken in the process of renovation of that kind of transport in Bulgaria.

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