“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.
Natural gas prices are expected to fall by about 14% from current levels, Bulgargaz CEO Veselin Sinabov told a public meeting of the Energy and Water Regulatory Commission (EWRC). This means that one megawatt hour will cost 31.91 euro, compared to 36.88..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
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