Bulgaria has been seeking diversification of energy sources and routes for supply. This was stated at a meeting in Sofia between Minister of Energy Temenuzhka Petkova and EU ambassadors. The minister pointed out work on the gas interconnector with Greece, which will be operational by 2020. The power lines between Bulgaria and Romania, Bulgaria and Greece, and Bulgaria and Serbia, allow for at least 15% interconnection. Minister Petkova added that Bulgaria relied on coal-fired power stations to work until 2030-2050. These plants can be used with local raw energy sources, sufficient for another 60 years. The power plants provide 60% of electricity during the winter and significant amounts of money have been invested in sulfur cleaning systems. Ambassadors expressed a keen interest in the Belene NPP project and the gas drilling projects in the Black Sea.
The nominated person for special manager for the four companies of "Lukoil Bulgaria" is Rumen Spetsov, Minister of Economy, Petar Dilov, said. "He meets all legal requirements", Dilov added. The decision was discussed at the Security..
We hope that today Bulgaria will receive a derogation from the US sanctions against Russian company Lukoil, such as the one in Germany - for 6 months. This was what Boyko Borissov, leader of the GERB party, said. In anticipation of..
The European Commission has temporarily put on hold the preliminary assessment of Bulgaria’s request for the third payment under the national Recovery and Resilience Plan, amounting to EUR 1.6 billion, informed sources in Brussels told BNR...
The average gross monthly salary in Bulgaria for July 2025 was BGN 2,570 (EUR 1,314.02), for August BGN 2,497 (EUR 1,276.7), and for September BGN 2,580..
Today, Sofia will host the fifth edition of the Global Women Leaders Forum. The event is organized by the Council of Women in Business in Bulgaria...
In an unprecedented move, the Bulgarian government approved the 2026 state budget draft at its meeting toda y without the agreement of employers’..
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