According to Bulgaria’s Energy Minister Alexander Nikolov, a possible stoppage of deliveries by Gazprom to Europe would indirectly impact the price of gas in this country.
“This would mean a drastic rise in electricity prices in Europe, and Bulgaria as a country playing a balancing role for the entire region would take an indirect hit by such a price trend,” Minister Nikolov commented. In his words, because of the war in Ukraine the closure of the coal-fired power plants could be reconsidered. Alexander Nikolov said further that additional energy compensations are expected to be envisaged for businesses helping refugees from Ukraine.
Kiril Petkov announced at a briefing that he is taking political responsibility and resigning as co-chair of "We Continue the Change" (part of the PP-DB coalition, which has the second largest number of MPs in the National Assembly)..
A Japan-Bulgaria business forum on the topic of "Infrastructure, Energy and Digitalization" was held in Sofia. "Bulgaria has a whole palette of advantages. However, they are little known in Japan. Our task is to provide much clearer..
During joint inspections by the National Revenue Agency, the Commission for Protection of Competition and the Commission for Consumer Protection, price increases of between 5 and 83% were found. The chair of the Commission for..
At the invitation of Jagiellonian University, one of the oldest universities in Europe, founded in 1364 , Vice President Iliana Yotova will be in Krakow,..
Defence Minister Atanas Zapryanov has proposed the establishment of wartime command centres for state institutions . A draft decree from the Council of..
A Bulgarian delegation, led by Prime Minister Rosen Zhelyazkov, will participate in the NATO summit focusing on defense and deterrence plans, which..
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