Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

BICA Chairman Vasil Velev: Gazprom's suspension of gas supplies to Bulgaria is a "legend"

Chairman of the Industrial Capital Association in Bulgaria (BICA) Vassil Velev
Photo: BGNES

The chairman of the Industrial Capital Association in Bulgaria (BICA) Vassil Velev defined as a "legend" the claim that Gazprom has stopped gas supplies to our country. "The contract has not been terminated - there is a 'take and pay' clause in it, i.e. in December we may find ourselves having to pay hundreds of millions without having consumed this gas," he told BNR. 

According to the businessman, Bulgaria continues to use Russian gas, but through intermediaries, "instead of directly and at a better price". 

Vassil Velev criticised the budget update and the reform plan, which, in his words, is being reframed into anti-crisis measures. He thinks that the main measure for business should be the compensation of high electricity prices due to the spiking inflation.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

President Rumen Radev

Bulgaria's President, Prime Minister send Christmas extend for unity

Merry Christmas, dear compatriots! On today's great Christian holiday, I wish every Bulgarian home to be filled with health and well-being. This is what Bulgarian President Rumen Radev wrote on Facebook.   "Let us preserve a piece of the warmth of..

published on 12/25/24 12:28 PM
Danube bridge

Road traffic to Romania and Turkey is intense

Traffic at the border crossings with Romania and Turkey is intense, the Bulgarian Border Police reported. Traffic with Romania is intense at Kardam border crossing at the exit for trucks.  Due to major repairs to the Bulgarian section of the..

published on 12/25/24 10:51 AM

The animals at the Burgas Zoo welcome Santa Claus

Santa Claus arrives today at the Burgas Zoo to give Christmas presents to the animals, the press center of Burgas Municipality reported. There will also be a tour of the zoo, as well as a zoo quiz with gifts for the children. The children will be..

published on 12/25/24 6:45 AM