Bulgaria‘s President Rumen Radev and his Serbian counterpart Aleksandar Vucic are taking part at the inaugural ceremony for the construction of the Bulgaria-Serbia Gas Interconnection (IBS) on Bulgarian territory. The interconnector linking the towns of Novi Iskar in Bulgaria and Nis in Serbia will have a total lenght of 170 kilometers, of which 62 km will be on Bulgarian territory. Its capacity will be up to 1.8 billion cubic meters of gas per year and will allow a reverse flow.
The construction of the Serbian section started one year ago and is expected to be completed in the autumn of 2023. The Bulgarian section is also expected to be completed by the end of this year. The gas interconnector is a project of common interest for the European Union and is under the Connecting Europe Facility.
"Bulgaria has proven to be a reliable transit country and even in the most difficult situation, when our country was left without Russian gas, it continued to export natural gas to Serbia smoothly," President Rumen Radev said after the meeting with his Serbian counterpart Vucic.
Half of the companies from the Bulgarian Industrial Capital Association say that the tariffs on the import of commodities announced by US President Donald Trump are not going to affect their businesses directly. One-third of the employers..
The European Commission has set a date for the release of the ad-hoc convergence report evaluating Bulgaria's readiness to adopt the euro - June 4. The report will be released during the spring cycle of the European semester. The information..
MPs will vote today at 2:30 pm on the second vote of no confidence in the cabinet of Prime Minister Rosen Zhelyazkov. The motion was tabled by the MECH party with the support of Vazrazhdane and Velichie. This time the motivation for the proposed vote..
For the first time, a unique collection of Western European textile panels (tapestries) is on display at the National Gallery – Square 500. The..
When carrying out border control and compensatory measures, Border Police officers also carry out checks in the automated information..
During the night, the cloud cover will break and decrease. There will still be light rain showers in some places in the southern..
Partly Cloudy