Bulgaria has some of the most competitive natural gas prices in Europe. They are significantly lower than the stock market ones and this has happened thanks to renegotiated terms with Gazprom and the contract with Azerbaijan, Energy Minister Temenuzhka Petkova has told BNT.
Consumers and businesses have already felt the positive effect, the minister added, dismissing criticism of "burying 1.5 billion euros" in the Balkan Stream project.
Minister Petkova expects revenues from the pipeline to be 4.5 billion euros, as the investment would pay off in the next 10 years. The infrastructure will be usable for the next 45 years.
Minister Petkova expects the connection with Greece at Komotini - Stara Zagora (IGB) to be built by the end of 2021.
Bulgarian President Rumen Radev gave a lecture on the prospects and challenges for young people at the University of National and World Economy in Sofia. At the end of his speech, he answered questions from students. Asked about the wars in..
The European Commission is insisting on the urgent implementation of strict measures to eradicate the outbreak of sheep plague in Velingrad. In a statement, the Directorate-General for Crisis Preparedness in Food, Animals and Plants of the..
At a meeting of the caretaker government, Prime Minister Dimitar Glavchev confirmed that the Dutch government has agreed with Bulgaria's full accession to Schengen. He said that according to the Bulgarian Academy of Sciences, the benefits of the..
The coalition BSP-United Left, which placed fifth in the parliamentary elections held on October 27, is starting a series of negotiations to gather..
By order of the Minister of Education and Science, Prof. Galin Tsokov, January 3, 2025, has been declared a non-school day for all schools in Bulgaria...
North Macedonia’s Foreign Minister Timčo Mucunski was heard in the European Parliament’s Foreign Affairs Committee. He..
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