“As of 1 July, Bulgaria is going to receive Azeri gas,” Prime Minister Kiril Petkov announced during question time in parliament. He added that the gas will not be delivered via Greece. “We shall be able to receive the full amounts of Azeri gas before the interconnection is completed,” PM added.
Deputy Prime Minister and Ministrer of Finance Assen Vassilev expressed the conviction that Bulgaria will be one of the exemptions from the EU embargo on Russian oil. Talking to reporters in parliament, Assen Vassilev stated he had been assured of this by the European Commission. According to Assen Vassilev, even if the worst case scenario comes to pass, and the Bosphorus is closed to navigation while at the same time Russia halts oil deliveries, Bulgaria can still hold out for another 6 months, during which it can find a solution to the supply problem.
Businesses should not expect a rise in the price of electricity compared to prices last autumn, Assen Vassilev said, and added that efforts were underway to find ways to preserve the price level of electric energy for non-household consumers.
Protecting the rights and caring for Bulgarian communities abroad are fundamental to Bulgarian foreign policy, said Bulgarian President Rumen Radev at a meeting with the Bulgarian community in Riyadh . He answered the questions of Bulgarians working and..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the earthquake. The epicenter was near the city of Sundargah in the Balıkesir province. In addition to..
The Bulgarian National Bank reports a sharp increase in new household deposits . The growth in euro deposits is impressive. In just one month, amounts worth 334 million leva (over 161 million euros) were placed in deposit accounts. This is 57% more than..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
Partly Cloudy