Sofia transport deficit could reach 61 million euros, municipality warns

Sofia's public transport system is facing a significant financial challenge, with the municipality projecting a deficit of between 45 million and 61 million euros for its transport companies in 2026. This stark forecast highlights ongoing financial pressures within the city's public transit operations.

Viktor Chaushev, Sofia's deputy mayor for transport, disclosed these figures in an interview with "24 Chasa." He indicated that the municipality has already formally requested increased financial support from the national government to help cover the anticipated shortfall. The exact amount of state aid sought was not specified, but the request underscores the severity of the projected deficit.

The substantial projected deficit raises concerns about the future sustainability of Sofia's public transportation services. While the article does not detail the specific causes of the projected deficit, such shortfalls in public transport are often attributed to a combination of rising operational costs, stagnant fare revenues, and the need for significant infrastructure investments.