Bulgaria is joining the project for the construction of a submarine electric cable in the Black Sea, caretaker Minister of Energy Rosen Hristov said after a meeting of the steering committee for the construction of the green energy corridor from Azerbaijan to Hungary. According to the project, a submarine electricity cable is to transport green electricity from Azerbaijan to Hungary via Georgia, the bottom of the Black Sea and Romania. The participating countries greenlighted Bulgaria to join the project.
Minister Hristov also pointed out that the possibility of Gazprom to demand and win an arbitration case against Bulgaria is minimized. “We are waiting to receive the lawyers' report to assess whether the Bulgarian company can file a lawsuit against Gazprom Export”, said Rosen Hristov
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
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