Gas transmission to Serbia, Hungary and Romania resumed at midnight, Bulgartransgaz announced. This happened after the end of the repair works on the damaged gas pipeline near the village of Vetrino. Gas transmission was temporarily suspended on November 1.
The Embassy of the Russian Federation in Sofia has confirmed that Gazprom has increased gas supplies at favorable prices to Bulgaria at the request of Bulgaria’s cabinet. In November, the cost of gas for Bulgaria dropped to EUR 46.55 per MWh, which is about half the average gas price in Europe, the embassy’s announcement reads.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
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