Could Bulgaria Face a 'Greek Scenario' After Adopting the Euro?
With Bulgaria set to adopt the euro on January 1, 2026, questions are surfacing about whether the country might face financial risks similar to those that led to Greece’s debt crisis
In a major step to update Bulgaria's railway system, Transport and Communications Minister Georgi Gvozdeikov has approved the purchase of seven double-decker trains for Bulgarian State Railways (BDZ).
The decision, signed on Thursday, marks a key step towards enhancing the country's public transportation system, utilizing resources allocated under the National Recovery and Resilience Plan.
The selection process culminated in the endorsement of Poland's Stadler Polska Sp. z o.o. company as the chosen contractor, following a meticulous evaluation of proposals submitted during the public procurement procedure initiated in mid-February. According to assessments, Stadler Polska Sp. z o.o.'s offer not only met but exceeded the stipulated requirements, ensuring adherence to stringent quality standards.
The agreed price for the acquisition of seven electric trains stands at BGN 300,513,279.50, with a projected delivery timeframe of 26 months. With the decision finalized, the next step entails the formalization of a contract between the Bulgarian authorities and the selected contractor, paving the way for the commencement of production and subsequent delivery.
Simultaneously, negotiations are set to commence on Friday with Spain's Patentes Talgo SL company for the procurement of 20 push-pull trains, further diversifying Bulgaria's rail fleet. Additionally, the public procurement procedure for an additional 35 electric trains is slated to resume, with interested companies given until April 11 to submit their offers, signaling ongoing efforts to bolster the country's transportation infrastructure.
Nearly 83% of Bulgaria’s administrative institutions are technically prepared to operate with the euro
An elderly woman of Bulgarian origin has died following a missile strike in the Israeli city of Bat Yam
Prime Minister Rosen Zhelyazkov has confirmed that Bulgaria has a specific and actionable plan in place to evacuate its citizens from Israel
A group of 11 Bulgarian citizens who requested evacuation have safely departed from Jordan
The Embassy of Turkey in Bulgaria reports a recent piece of misinformation circulating on social media. It also takes the chance to introduce the Center for Countering Disinformation
President Rumen Radev is taking part in the Meeting of Heads of State and Government within the framework of the South-East European Cooperation Process
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe