Sat, Nov 21 2009

As the Sofia Echo reported last week, the document between the Bulgarian and Greek ministries of transport has been finally signed, giving the green light for the construction of two common train stations on the frontier which will ease passenger and freight traffic across the border.
Try to imagine a colossal skyscraper in place of the statue of Sofia in the centre of the city. It would have happened too, if communist-era ambitions had been realised. The idea of a skyscraper in Sofia goes back more than 40 years, with buildings planned near the central train station, the Solni Bazar market, on the intersection of Cherni Vruh and James Bourchier boulevards, yet circumstances always conspired against such undertakings. In recent years, dozens of projects have been put forth, every one of them claiming to be the first one.
Representatives of Sofia's Sredets district and the Bulgarian Academy of Science's National Archaeological Institute have declared their disapproval of the possible construction of an 80-m high building on the site of the existing Hotel Rila. Investor.bg quoted Sredets district mayor Margarita Gouteva as saying such for her contingent at a public discussion on plans to construct a new building at the location.
A contest for the architectural design of the first skyscraper in Bulgaria, to be built in Bourgas, is currently under way. The contest for the planned 154m-high building is organised by the investor in the project and owner of the land plot, Vaklin Stoinovski, and the other main investor, the Bulgarian American Credit Bank. Bulgarian construction company Ontime Construction and Logistics, owned by Stoinovski, holds
Strong public opposition to price hikes prompted Prime Minister Boiko Borissov to axe the Finance Ministry proposal to increase the excise duty on spirits, but MPs have put it back on the agenda.
Bulgaria’s Cabinet seeks to reverse recent changes in the telecommunications sector
Kremikovtzi’s prospects for a recovery plan appear increasingly distant
Bulgarians are getting the hang of debit and credit cards, MasterCard says
The two telecoms, both set up to challenge former fixed-line state monopoly BTC, will merge operations and expect to report 20 million euro in revenue and a gross profit of five million euro in 2010.