Bulgaria, Romania seek EU financing for Danube Bridge repairs

Sofia Echo | 28 Oct 2008 – Nick Iliev

Bulgaria and Romania would jointly seek funding from the European Union for the modernisation and rehabilitation of the only bridge across the Danube River between the two countries, website stroitelstvo.bg reported, quoting participants in a commission of experts overseeing the bridge’s maintenance.

This bridge linking Rousse on the Bulgarian side to Giurgiu in Romania is the only one in this part of Europe, making it an important part of the EU transport infrastructure in South-Eastern Europe. …

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Visit The Sofia Echo | Bulgaria

Gov’t to invest 5 billion euros in infrastructure projects in 2008

Financialrol.ro | Romania

The Romanian Government will invest close to 5 billion euros in the country’s infrastructure in 2008, Minister of Economy and Finance Varujan Vosganian told a seminar on September 30 on construction and real estate.

“We are expecting Romania to draw investment funds worth 250 billion euros in 2009-2013, which will generate an economic growth rate of 6-8%, compared with an EU average of 1.6%. A growth of over 30% will continue in the construction sector in 2008.


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Financiarul | Romania