REGIONAL NEWS

28.07.2008 Bulgaria's Varna to Compete for European Black Sea Capital

www.novinite.com, 26.07.08

Varna is one of the top two finalists for European Black Sea Capital of the European Union (EU), according to the Bulgarian daily Standard.

The EU is going to select the European Black Sea capital between two cities: Varna in Bulgaria and Constanta in Romania.

The newspaper cites John Murray, Director of growthclusters.com - an organization working at national, regional, local and international levels in the area of cluster development saying that "Brussels' goal was not the moving of Eastern Europe to Paris or London but rather aligning the living standards."

Murray had also pointed out that comparing Varna to Constanta would be the same as comparing Frankfurt Airport to Heathrow since Varna is a much bigger city than the Romanian resort.

According to the UK expert, despite Constanta's advantage of its recently reconstructed port, Varna's chances to become the EU Black Sea Capital would greatly improve with the construction of a larger and modern logistic center in the Bulgarian main coastal city and port.

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