The day the Bulgarian Energy and Water Regulatory Commission approved a 42% decrease in the price of imported natural gas, price of gas on the Bulgarian gas exchange dropped to a record low. The Balkan Gas Hub which is an operator of an online gas trading platform announced that at the end of the trading session a deal was signed at EUR 12.5 per megawatt hour, which is 35% below the price of Russian gas. Balkan Gas Hub specifies that this price is extremely competitive, because it includes the access and transmission costs as well. Contracts for a total of 214,800 megawatts were signed during the day at an average price which was 5% lower than the regulated gas price.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
“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..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
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