“The accumulated problems in the sphere of energy create serious risks for the industry, for the economy and for people,” President Rumen Radev stated during a meeting with the chairman of the Energy and Water Regulatory Commission Ivan Ivanov.
Ivan Ivanov on his part pointed to the delay in the construction of the Gas Interconnector Greece – Bulgaria (IGB) which has been going on for 12 years.
“The fact that TurkStream does not branch out to any towns in Northern Bulgaria shows it is just a transit gas pipeline, built entirely at the cost of the Bulgarian side, with no clarity whether this money can be compensated for by the transit fees,” Ivan Ivanov stated further.
Ivan Ivanov and Rumen Radev agreed that the country needs a national energy strategy in view of the transition to low-carbon emissions and to protecting the people employed in the industry.
President Rumen Radev has returned for new discussion in the National Assembly the amendments to the State Agency for National Security (SANS) Act, adopted on October 2 this year, which assign the power to appoint or dismiss the chairman of the agency..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
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