Bulgarian Man Arrested for Attempting to Bribe Traffic Police with BGN 20
In Stara Zagora, Bulgarian authorities apprehended a 35-year-old man who attempted to bribe traffic police with a BGN 20 banknote
Over 20 Austrian companies have expressed strong interest in participating in the construction of the Bulgarian road and railroad infrastructure.
Companies such as Alpine Bau, Deco-Tech Handeks, Evronik Para-Chemie, Strabag, Terra-Mix, VAE have taken part in the Bulgarian “Transport Infrastructure” forum and have stated their desire to be included in projects in the country.
Austrian Ambassador to Sofia, Gerhard Reiweger, pointed out Bulgaria must benefit from the Austrian experience in absorbing funds from the EU operational program “Transport”. The country currently lacks good projects, which is the main reason why it misses on European financing, according to Reiweger.
Bulgaria's Ministry of Regional Development is working on modernization and repairs of highways and first class roads, connecting Bulgaria to international thoroughfares, according to Deputy Regional Minister, Georgi Pregiov.
Pregiov reported that Bulgaria must realize projects in the amount of EUR 990 M by 2013 from the EU program. In the 2014 – 2020 period the country will receive an additional EUR 1.3 B in EU financing.
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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
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
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Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022