The Bulgarian Minister of Transport, Rossen Jeliazkov, and his Greek counterpart, Konstantin Karamanlis, declared mutual interest to continue the Thessaloniki-Kavala-Alexandroupolis-Burgas-Varna-Ruse railway corridor.
This year, the two countries made progress in the negotiations on the multimodal corridor, while at the same time the Bulgarian side has proposed a meeting with the Greek government.
In 2018, Bulgarian Prime Minister, Boyko Borissov, and the former Greek counterpart, Alexis Tsipras, signed a joint agreement on the development of the railway corridor from Thessaloniki, crossing through Kavala, Alexandroupolis, Burgas and Varna, reaching Ruse.
Also, in 2017, the ministries of transport from both countries signed a Memorandum of Understanding for the implementation of the project.
To implement the project, the two countries agreed on the establishment of a joint company responsible for the new railway connection.
The EUR 3.7 billion project aims to develop a double-track electrified line, equipped with ERTMS, providing the needed capacity for freight transport to the ports along the route.