The commercial exploitation of the liquefied gas terminal near Alexandroupolis, which is key to Bulgaria’s energy security, will be delayed by two months. The deadlines, set for the beginning of January, are being postponed until March, 2024, BGNES reports. The reason for the delay is the updated business plan adopted on 3 November at a meeting of the board of directors of the project company Gastrade SA which is constructing the terminal. The update had to be made because of the approval, by the European Commission, of the request by the Greek side for additional state aid for the project amounting to EUR 106.1 million. The aid is granted after a significant increase in the planned expenditure for the construction and exploitation of the facility, as compared to the projected costs.
The overall consumer confidence index in October 2025 fell by 4 points compared to July, the National Statistical Institute has reported. In July, the indicator decreased by 4.7 points compared to April. In October, there was an..
By mid-December, all military units in the country will be equipped with drone control simulators, said Major General Deyan Deshkov, Commander of the Land Forces, at the Lyulyak training ground near Stara Zagora. He clarified that the drones have..
Swiss commodity trader Gunvor said it has withdrawn its proposal to buy Lukoil’s foreign assets, including the refinery in Burgas, after the U.S. Treasury called it Russia’s ‘puppet’, Reuters reported. Prime Minister: Bulgaria has a..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia..
The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on..
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