The Bulgarian government has decided to reserve deliveries of natural gas that Bulgargaz would buy through the LNG terminal in Alexandroupolis, Greece for the next ten years. Bulgartransgaz has become a shareholder in Gaztrade, which is building the new LNG terminal at Alexandroupolis.
Bulgaria's participation in the project is in pursuance of the policy of diversification of sources and routes for the supply of natural gas, in order to guarantee energy security and to achieve competitive prices for Bulgarian consumers, the decision states. More than 500 million cubic meters of gas will be purchased each year from Alexandroupolis, or about 1/6 of the country's annual consumption.
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross hourly wage in the country. Bulgaria had the highest share of low-wage earners (26.84%). This..
The European Commission hopes to have a positive decision this year on at least part of the second payment under the Recovery and Resilience Plan in the amount of 653 million euros for Bulgaria . This was stated by the Commission spokesman Maciej..
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Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
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