Bulgaria’s outgoing Minister of Energy Alexander Nikolov has notified Gemcorp Holdings Ltd and IP3 of the termination, by mutual consent, of the non-binding memorandum of understanding that was signed between Bulgaria and the two companies on March 23, 2022. This was announced by Energy Minister Nikolov at today's meeting of the outgoing cabinet. The document provided for cooperation on projects for alternative and strategic gas supplies, development of nuclear energy and production of clean energy.
The memorandum was signed after the visit of a high-level Bulgarian delegation in the United States in March. However, according to western media, one of the companies is connected to Russian oligarchs. The government terminated the memorandum on 20 July. This would not entail payments for Bulgaria, outgoing Premier Kiril Petkov said in a TV interview.
The Sofia Municipal Council has approved the city's budget for 2025 with 41 votes in favour, four against and ten abstentions . The document's economic framework provides for a retroactive increase in public transport salaries of 300 leva (€153) with..
At a Sofia City Council (SCC) briefing, municipal officials who recently left the We Continue the Change (PP) party declared they would not be complicit in covering up the truth. The mayors of the capital’s Lyulin and Mladost districts, Georgi..
The leader of Vazrazhdane party, Kostadin Kostadinov, said in parliament that the state budget was in the red and the expected profits from the Schengen membership were gone. According to Kostadinov, the additional revenues should..
The Bulgarian Ministry of Foreign Affairs (MFA) has issued a warning about a national strike in Belgium on 25 June 2025, organised by the trade unions...
The Ministry of Foreign Affairs has taken note of the European Parliament’s Foreign Affairs Committee (AFET) report on the Republic of North Macedonia’s..
The National Revenue Agency is inspecting currency exchange offices due to increased interest in buying euros . Within just one week, the exchange of..
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