Trade between Bulgaria and Germany is expected to decline by nearly 6% in 2020 to about EUR 8 billion. In 2019, the Bulgaria-Germany trade amounted to EUR 8.5 billion. This is not a dramatic decline, Dr. Mitko Vasilev, CEO at the German-Bulgarian Chamber of Industry and Commerce said.
Germany’s export to Bulgaria has decreased, but Bulgaria’s export to Germany has remained steady. That is why Bulgaria expects a positive trade balance with Germany in 2020. This is extremely good news, because it happened only twice- in 1942 and 2013, Mitko Vasilev commented for Bloomberg TV Bulgaria.
Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial operation since 1 October this year and Bulgaria owns 20% of the project, which diversifies LNG supplies..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The 3% price increase is expected to be approved by the Energy Regulatory Commission. The October price..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The facility features state-of-the-art technology with a maximum regasification capacity of 5.5 billion..
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute..
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