BG, GR, RO Seek €6B Rail Corridor Funding

Bulgaria, Greece, Romania confirm €6 billion joint funding application for Thessaloniki–Sofia–Bucharest rail corridor modernization.

BG, GR, RO Seek €6B Rail Corridor Funding
February 24, 2026 3:18 am | Last Update: February 24, 2026 3:21 am
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📉 Market Brief:
  • Event: Bulgaria, Greece, Romania to submit joint funding application for rail corridor.
  • Key Data: Total estimated multimodal investment of approximately €6 billion.
  • Impact: Affects North-South European freight/passenger traffic and military logistics.

Bulgaria, Greece, and Romania will submit a joint application for funding to modernize the Thessaloniki–Sofia–Bucharest railway line, a strategic project intended to improve North–South rail connections. The decision was formalized during the first working meeting for the Black Sea-Aegean Sea corridor in Sofia, attended by representatives from the three nations, the European Commission, the European Railway Agency (ERA), the European Investment Bank (EIB), and the European Bank for Reconstruction and Development (EBRD). External data sources confirm the trilateral agreement to coordinate technical specifications, dates, and costs for the joint funding application.

According to Bulgarian Transport Minister Grozdan Karadjov, the three countries will synchronize efforts across the planning, design, and authorization phases. This approach is designed to enable simultaneous work on all national segments, thereby reducing the administrative delays that have historically impeded cross-border infrastructure projects. The initiative relaunches the Thessaloniki–Sofia–Bucharest project after an almost ten-year hiatus. The last direct rail service between Sofia and Thessaloniki ceased operations in 2017, and its resumption is considered essential for regional mobility and freight transport.

Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰
Earlier this year, the SNCF’s RER D line received a significant upgrade. Full coverage 📰