Vasil Terziev Succeeds Yordanka Fandakova Today: A New Era for Sofia Begins
Amidst the echoes of change, Vasil Terziev steps into the role of Sofia's mayor, succeeding Yordanka Fandakova
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Photo by metropolitan.bg.
The construction of the third line of the Sofia metro may be delayed, due to the lack of funding, the city mayor Yordanka Fandakova told Bulgarian National Radio.
Currently, there is no approval of funding or an agreement between the Bulgarian state and the European Commission, Fandakova said.
"The European Commission has once again returned the proposed draft agreement with the government. We are waiting for their approval, so that at last our country can take advantage of this very serious financial resource," Fandakova explained.
In May 2014, the CEO of Sofia Metropolitan company Stoyan Bratoev announced that the extensions of the already functioning Sofia metro lines were 75% ready.
The line to the Sofia Airport will be operational in the beginning of 2015. The work on the metro station there has already started.
Bratoev said he expects that the extension of the first metro line to the airport would carry additional 60 000 passengers daily.
The extension from the Mladost residential district to the Business Park district is also nearly completed.
Currently the Sofia metro has two lines with 27 stations and carries around 320 000 passengers daily.
Energy expert Boyan Rashev has warned that Europe could be moving toward what he described as an “energy lockdown” scenario if fuel supply pressures continue to worsen
Fuel prices in Bulgaria have continued to edge upward, with diesel and gasoline both registering increases in the days following the Easter holiday
Bulgaria’s tourism sector has never been stronger and has been achieving steady growth for the past few years.
Industrial output in Bulgaria posted a modest monthly increase in February 2026, but continued to decline sharply on an annual basis, according to preliminary, seasonally adjusted data from the National Statistical Institute.
The president of the Confederation of Bulgarian Trade Unions, Plamen Dimitrov, has warned that inflation in Bulgaria is likely to exceed earlier projections, even if fuel prices begin to decline
Scroll through a busy news feed and you’ll spot a pattern - economic jitters, tech pivots, shifting consumer habits.
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