Regional Development

 Foreign Affairs Minister Teodor Melescanu said Thursday that it is hard to believe that Romania will manage to hold for the third time within the European Commission a portfolio that manages "many projects and very important funds", after having held two such positions consecutively. "Indeed, Romania has had extremely important portfolios in the last two Commission terms.

President Klaus Iohannis will host the third Summit of the Three Seas Initiative, at the Cotroceni Presidential Palace, September 17-18.

According to a press statement released by the Presidential Administration, the summit in Bucharest will provide a political opportunity to validate the strategic guidelines that underlie the future development of the Three Seas Initiative.

Repairing all roads in the country would cost BGN 12 B by 2020, according to Regional Development Minister Lilyana Pavlova.

Speaking Monday at a forum on construction in 2016, she noted that there was no opportunity to provide such large amounts of money and the authorities were striving to secure funding for 5-6 priority projects.

A smart system featuring an application for mobile handsets will provide real-time information about the traffic environment in Bulgaria, according to Regional Development Minister Lilyana Pavlova.

The application is to be released in October.

Citing analyses of the World Bank, Regional Development Minister Lilyana Pavlova has suggested that Bulgaria needs to substantially increase investments in roads and to increase road tolls.

Bulgaria needs to focus efforts on the completion of the motorway ring so that traffic along smaller roads can be alleviated, according to Regional Development Minister Lilyana Pavlova.

Construction works of a holiday village at campsite Yug (South) on Bulgaria's Black Sea coast will be stopped temporarily over minor flaws in the documents, according to Regional Development Minister Lilyana Pavlova.

The massive landslide blocking the road between Smolyan and Pamporovo will not be cleared in less than 48 hours, according to Regional Development Minister Lilyana Pavlova.

Bulgarian Regional Development Minister Lilyana Pavlova has informed that the motorway toll for cars will amount to around BGN 0.10 per kilometer.

In a Wednesday interview for Nova TV, Pavlova noted that traffic analyses were yet to be conducted, with the estimates to be ready by the end of the year.

Regional Development Minister Lilyana Pavlova has informed that Bulgaria needs over BGN 11 B for upgrades in the water supply and sewerage sector.