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Sofia Municipality intends to negotiate with the European Investment Bank (EIB) for a EUR 114 M loan for Sofia subway projects.
Sofia Deputy Mayor, Minko Gerdzhikov, will ask the city council to authorize the Mayor, Boyko Borisov, to negotiate for a structural long-term aid loan.
EUR 14 M (no Value Added Tax - VAT, included) will be used for the construction of subway station "St. Nedelya", and a four level underground parking lot. The project is due to start 2009 and will be completed in 2 years.
The construction of "James Boucher" station will cost EUR 18 M, and is planned to start in June 2009.
The construction price for the subway line from Sofia Airport to Tsarigradsko Shose Bul. is estimated at EUR 48 M. Almost all pre-construction phases are completed, and it should be built in 3 years starting 2010.
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Amid growing concerns over security threats posed by Russian aggression, Bulgaria and a coalition of 13 other European Union countries have urged the European Investment Bank (EIB) to bolster defense financing
At 11 a.m. today, a demonstration initiated by metro employees commenced. The event is coordinated by the Federation of Transport Trade Unions affiliated with The Confederation of Independent Trade Unions of Bulgaria (KNSB)
In a significant development for residents of Sofia's "Geo Milev" and "Slatina" districts, vital boulevards and streets have faced traffic restrictions due to ongoing subway construction
The extension of the third metro line, which started a week ago, will be under construction for 3 years and 9 months. 350 parking spaces will be built in buffer parking lots
The construction of the new line of the metro in Sofia begins today - the first sod of two of the new six stations will be laid opposite the “Arena Sofia” hall
Starting today, 3 new lines of transport leading to the metro in the "Gorna Banya" district are starting
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
