The Supreme Administrative Court of Bulgaria has ordered Bulgartransgaz to bring back Arkad consortium as contractor of the Turkish Stream gas pipeline section passing through Bulgaria. The SAC rejected the Bulgarian state-owned company's motives to sign a construction contract, totaling more than 1.5 billion euros with Russian consortium "Gas Development and Expansion in Bulgaria." Bulgartransgaz claimed that the project was of particular state and public interest and its delay might cause significant and irreparable damage. The Commission for Protection of Competition also decided that the contract should be returned to Arkad, which won the initial tender.
The EU Court of Justice in Luxembourg has restricted the practices of quick loan companies. The magistrates ruled that the guarantors' fees must be included in the price of the loan, in the so-called annual percentage rate of charge...
For Russia, hybrid war is an ideology and industry, investigative journalist Hristo Grozev told MEPs from the special committee for the protection of European democracy. Grozev joined the meeting online, at which Russian hybrid..
Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for 2024 should have been released according to the EU methodology. In 2024, the institutional..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for..
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