Economy
Current economic news — markets, investments, business, inflation, and financial policies in the country and globally.
Pomoroe Municipality is participating in an international project to combat energy poverty in urban areas.
The Municipality of Pomorie is a partner in the project "Energy Poverty in Urban Areas" under the URBACT IV Programme, which aims to exchange experience between European cities to address the problem. The municipal team participates in working meetings in Belgium, where innovative approaches for assessing and supporting vulnerable groups, optimizing electricity bills, and developing an investment plan are presented.
Repair activities on Hemus Motorway impose temporary traffic restrictions
Over the next week, repair work will be carried out on sections of the "Hemus" motorway in the Lovech region, requiring temporary traffic restrictions in the direction of Varna. The repairs include slope erosion and replacement of the asphalt pavement, and traffic will be diverted to alternative routes.
The deputy minister: The business will cope well with the introduction of the euro
Doncho Barbalov, Deputy Minister of Economy and Industry, assures that businesses will approach the transition to the euro responsibly. The government and regulators are working on various measures to ensure a smooth transition, including training of employees, price monitoring, and an automated system for submitting price information. The control will be mainly focused on large retailers to reduce the risk of errors, and on smaller settlements where the risk is higher.
Temporary restrictions on traffic on the Struma Motorway due to repair activities
During the next week, repair work will be carried out on various sections of the "Struma" motorway in the Sofia and Kyustendil regions. This will require temporary traffic restrictions, with drivers having to follow the road signs and drive at reduced speed.
The EU transport ministers are discussing road safety and cyber security measures.
The ministers of transport and communications of the EU held a meeting, at which they discussed legislative proposals to improve road safety and cyber security. Bulgaria highlighted the importance of road safety and called for a balanced approach to changes in the directive on the mass and dimensions of vehicles.
The Road Infrastructure Agency is taking measures to improve safety on the main roads in Southern Bulgaria.
The Road Infrastructure Agency is undertaking a series of short-term activities to secure high-risk sections along the main roads in Southern Bulgaria. The measures include the installation of flexible barriers, the application of rumble strips, the placement of road signs, and the repair of the asphalt pavement. The planned activities will be completed by the end of June 2025.
A new section of the "Ruse - Veliko Tarnovo" motorway between Byala and Veliko Tarnovo is in the process of design and construction.
Offers are open for the design and construction of the third section of the "Ruse - Veliko Tarnovo" motorway between the cities of Byala and Veliko Tarnovo. The total length of the section is close to 60 km, divided into three sub-sections. The construction of this key infrastructure project is expected to be completed within 1770 calendar days.
The Ministry of Energy is investing in the development of human resources for the nuclear industry.
Deputy Minister Georgi Samanadov highlights the key role of human capital for the sustainable development of nuclear energy in Bulgaria. The Ministry of Energy is investing 8.5 million leva in the modernization of infrastructure, scientific projects and doctoral programs, as well as in internship programs, leading to permanent appointments at the Kozloduy NPP and other state-owned energy companies.
Verification of ground operators at Sofia "Vasil Levski" Airport
The Civil Aviation Administration has launched an extraordinary inspection of the three main ground operators working at Vasil Levski Airport in Sofia. The inspection is by order of the Deputy Prime Minister and Minister of Transport and Communications Grozdan Karadjov and will be conducted until June 13, in order to ensure quality and fast service for passengers and their luggage before the active summer season.
Vice Prime Minister Donchev: Trust is the key to Bulgaria's economic development
The Deputy Prime Minister Tomislav Donchev called for strengthening public trust as a key factor for the country's economic development. He emphasized that the adoption of the euro will be a new driver for growth, but warned that this is not enough - it is necessary to pay attention to the Bulgarian industry, which according to him is invisible to the public.
The Ministry of Energy and the EIB are joining efforts for the decarbonization of "Maritsa-East".
The Minister of Energy Zhecho Stankov and the European Investment Bank (EIB) signed an agreement for advisory support aimed at the sustainable development of the strategic coal complex "Maritsa-East". The goal is to ensure the competitiveness and growth of the economy, as well as the better well-being of citizens through a fair environmental transition.
The economic deputy minister Barbalov guarantees the smooth introduction of the euro in Bulgaria.
The deputy minister of economy and industry Doncho Barbalov assured that the regulators will closely monitor the process of transition to the single European currency in order to prevent abuses. He emphasized the importance of the information campaign that will prepare citizens and businesses for the benefits of Eurozone membership.
The Deputy Prime Minister calls for greater visibility of the Bulgarian industry and encouragement of young people to study engineering specialties.
The Deputy Prime Minister Tomislav Donchev called for the opening of factories, in order to show young people the modern working conditions in the industry, and to encourage their interest in engineering specialties. He emphasized the need for greater publicity of the Bulgarian industry, whose share in GDP is 28%, in order to change the negative public perception about it.
The Danube Bridge near Ruse will be closed for expansion joint repair during the night of June 12.
From 8 pm on June 12 to 4 am on June 13, traffic on the Danube Bridge in Ruse will be suspended for emergency repairs to an expansion joint in the unrenovated section of the structure. The repair work is necessary to ensure the safety of travelers until the major bridge renovation begins.
Recovery of traffic on road III-866 Mihalkovo - Krichim after heavy rainfall
The traffic for all vehicles on road III-866 Mihalkovo - Krichim between km 73 and km 81 is being restored from June 5, 2025. This is necessary after the destruction of part of the retaining wall at km 79 due to heavy rains between May 10 and 14. The Road Infrastructure Agency is taking urgent action to restore the section, including design, construction and supervision.