Bulgaria’s government will give BGN 35 M for the reconstruction of the Winter Palace in the capital Sofia.
The money will be made available to the Ministry of Youth and Sports, as agreed on Tuesday’s plenary session of the parliament.
The ministry has revealed that the total cost needed for the repair work on the Winter Palace will be BGN 50 M.
The sports arena has not been repaired since it was initially built in the early 1980s, and recent expertise showed that the building is dangerous in its current state.
Another plan, for the construction of a new arena for winter sports, emerged in 2013. The initiative came from the ex-Olympic medalist in short track ice skating, Evgenia Radanova, but no concrete project has been approved so far.