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Hemus motorway conecting Varna and Sofia is the newest top priority strategic project
Bulgaria's new/old Regional Development Minister Lilyana Pavlova recently stated in a TV interview that Bulgaria will seek a long-term loan of around 0.5 BGN from the European Investment Bank and the World Bank to finance the project, which shall be paid off for a 17 year term. The total length ..
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4th Golf course near Balchik in planning
This new golf course is to be built in Momchil villa area between Albena resort and Balchik neighboring the main Varna – Constantsa (Romania) road. The golf course would be built on a territory of more than 1 500 decares, 840 decares of which the golf course itself. The rest of the terrai..
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Balchik to invest 600 000 Euro in international festivals and infrastructure in 2015
According to BTA wire service the municipality of Balchik will be investing about 600 000 Euro in tourism development program in 2015. Part of this amount is meant to be used for popularizing various international festivals held in Balchik - "Days of Classics" musical festival, the In..
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Prices in Bulgaria twice cheaper than EU average
According to recently published survey of the EUROSTAT, prices in Bulgaria stand at only 48% from the EU average among all 28 EU Member countries. The survey includes 2 400 goods and services, grouped in 6 categories. Food prices, in particular, are at 69% from EU average. Source: www.fakti.bg
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