At the initiative of Brussels in November a trilateral meeting between EC, Bulgaria and Russia is to discuss the realization of the Balkan gas hub near Varna, Deputy Prime Minister for Economic Affairs Tomislav Donchev has announced. It is expected that the meeting would focus on the legal scenarios that would make possible for the Russian gas supplies to reach the planned gas hub under the Black sea. According to the executive director of state company "Bulgartransgas," Georgi Gegov, a project company for the hub with options to include more foreign investors, will be created . He added that "Gazprom" is interested in the project, but expects legal guarantees from Brussels in connection with the implementation of the Third Energy Package. Russian President Vladimir Putin said he expected "concrete guarantees" in order to restart "South Stream" and it seems he would receive such guarantees at least when the sea route of the pipeline to Bulgaria is concerned.
The third vote of no confidence against the cabinet of Rosen Zhelyazkov has also proved unsuccessful. 130 of the MPs present from GERB - SDS, BSP - United Left, ITN and "DPS - New Beginning" voted against the proposal. 54 MPs from..
Foreign Minister Georg Georgiev has met with ambassadors and diplomats from EU Member States, the US, Canada, the UK and Switzerland in Bulgaria. The diplomats were briefed in detail on the increasing trends of institutional..
A concession will be granted for the Port of Varna, which is an opportunity for investments worth hundreds of millions, Deputy Prime Minister Grozdan Karadzhov told the Parliamentary Committee on Transport and Communications, as quoted by..
The European Commission has announced that the EU will invest nearly €37.5 million in the construction and modernisation of six parking areas with a..
The plenary debate on the third motion of no confidence against Rosen Zhelyazkov's government, proposed by the Revival party, has concluded . According to..
It will be sunny and hot on Friday. Maximum temperatures will range between 33°C and 38°C, around 33°C in Sofia. It will also be sunny along the..
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