“Bulgaria will build 200 kilometres of gas pipelines worth 250 million euro in the Maritsa coal basin, indicates the updated national restoration plan under which the country is to receive EU funding for sustainable development. The pipes can be used for the delivery of hydrogen which is the backbone of the essential reform of the Maritsa coal basin and will directly eliminate the carbon emissions from electricity generation,” said Ivelina Vasileva, Chair of the parliamentary Environment and Waters Committee during an online conference “EU Recovery and Sustainability Fund for the transition in Bulgaria.”
The changes to the national plan reflect the criticism that the projects do not include the coal mining regions which are key to energy transformation, investor.bg writes.
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
The Executive Board of the International Monetary Fund (IMF) has concluded the 2025 Article IV Consultation with Bulgaria. According to the IMF’s..
Natural gas prices in Bulgaria are set to fall by just over 4% in December , significantly higher than the previously forecast 1% drop, according to..
The average price of apartments sold in Sofia in the third quarter of 2025 reached €2,310 per square metre , marking an annual increase of 25.5%,..
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