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.
"Bulgaria has the unanimous support of European leaders for joining the Eurozone'', Bulgaria’s Premier Rosen Zhelyazkov said before the start of the meeting of European heads of state and government in Brussels. Positive conclusions related to..
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 National Revenue Agency is inspecting currency exchange offices due to increased interest in buying euros . Within just one week, the exchange of..
The inaugural International Military Competition, 'Best Warrior', is set to take place on 25 and 26 June 2025 at the Vasil Levski National Military..
On Thursday it will be sunny and hot again. There will be light wind from the north-northwest. The highest temperatures will be..
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