The use of natural gas must be an “intermediary step” towards the creation of a carbon neutral economy, something that is especially true of Bulgaria, European Commission Executive Vice-President Frans Timmermans said in answer to a question from the BNR’s Horizont channel, put during the Euranet Plus Summit 2021:
“In Bulgaria, but also in other countries, the transition away from coal and wood to renewable energy is one step too far, so we have to take an intermediary step in bringing natural gas into people’s homes (…) It is a fundamental transition (…) We have to make sure that this transition is just, if it is not just, if it is not based on solidarity it will just not happen. We all have an interest in making sure that there is no energy poverty, that the transition helps people to pay less for energy not more, and that it is done in a fair way,” Frans Timmermans said.
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
The demand for employees increased by 5% in August, or by over 1,700 more offers compared to July, one of the largest HR companies in Bulgaria reported to BTA. But on an annual basis there is a decline of 7% , or by 3,100 offers. The "Trade..
In the second quarter of 2025, Bulgaria recorded the second-highest GDP annual growth in the European Union with a rise of 3.4% compared to the same period last year, according to Eurostat data. Compared to the previous quarter of 2025, Bulgaria..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer..
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