Former executive director of the state-owned Bulgargaz company, Nikolay Pavlov, was summoned today for questioning by the Prosecutor's Office in connection with the gas price crisis. "I explained how the gas market is functioning. That is all", the former executive director of Bulgargaz said. "I have no concerns, because we are impeccable", Nikolay Pavlov further said.
In an interview with BNR on Sunday, February 6, Pavlov said that the actions of the new management of the gas company and the accusations against the dismissed directors aim to bring back intermediaries in gas supply contracts, which would ultimately raise the price of natural gas for business. Pavlov added that in this way Bulgargaz would be pushed out of the market.
Bulgarian intermediaries have been identified as some of the links in an investigation into an international scheme for laundering Russian money. BGNES cites data from Intelligence Online according to which two Bulgarian brokerage companies..
From today until December 21, Sofia’s City Garden is hosting the traditional German Christmas Market. The 15th edition of the market features food stalls, fragrant mulled wine, and cultural events, including concerts by young performers and..
Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
Rain
Cloudy
Scattered showers