Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria is trying to renegotiate the unfavourable conditions of the 13-year gas agreement with Turkey’s Botas, PM Denkov says

Photo: botas.gov.tr

Bulgaria has not received any commentary yet by the European Commission regarding the investigation into the agreement the Bulgarian caretaker government concluded with the Turkish gas company Botas, said Prime Minister Nikolai Denkov, and added that Bulgaria has been asked to provide documents in the course of the probe into whether there is any breach of European rules.  

Negotiations are underway between Bulgaria’s Bulgargaz and Turkey’s Botas for renegotiating the clauses of the agreement, PM Denkov said further. “For Bulgaria this contract is not advantageous because it is very asymmetrical, with very serious financial commitments for the country. We are trying to find ways to do away with this asymmetry, or at least to minimize it,” the Bulgarian prime minister said. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ivelin Mihaylov

Velichie founder Ivelin Mihaylov says he was threatended byparty’s parliamentary group chair Nikolay Markov

“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..

published on 7/2/24 10:08 AM

IMF urges Bulgaria to raise social security contributions and pensions

In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..

published on 7/2/24 9:21 AM
Dimitrina Goranova

Tourist industry wants lower VAT to remain in place

Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..

published on 7/2/24 8:48 AM