Bulgarian terminal finance

The Japan Bank for International Cooperation has agreed to a loan of ¢ 238m ($364.4m) to finance the construction of two terminals at the ports of Bourgas and Varna. Construction will be completed by 2015.

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The plug was introduced on January 23 and was, in part, the result of transport strikes earlier this year and higher than normal volumes passing through the terminal. A customs go-slow and unseasonal high winds further exacerbated the problems.