The implementation of the South Stream gas pipeline project is to start during this year, Bulgarian Minister of Economy and Energy Dragomir Stoynev said at a working meeting that took place in the town of Gabrovo. Through the project Bulgaria will ensure reliability of natural gas supply, while in the poorest region of the country - Northwestern Bulgaria, some 5000 new jobs will be created. Only Bulgarian companies will work on the project in this country and investments total 1.5 billion euro. This is not the only major project which the government favors, it was also announced. Bulgaria has also signed an agreement with Azerbaijan for the supply of 1 billion cubic meters of gas from the Caspian Sea and implementation of the project is expected in 2019.
''I am not surprised that the president’s veto concerning the sale of Lukoil’s assets was overturned, because even on such a delicate, serious and worrying issue, there were no arguments or discussion'', Vice President Iliana Iotova told journalists..
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 number dropped to 53,428. 6.5% of Bulgarian children are now born through in vitro fertilization..
The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on October 24, but President Rumen Radev vetoed parts of it, arguing that the proposed rules specifically..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
The Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along..
Prime Minister Rosen Zhelyazkov said that the state’s representative at Lukoil could include more than one appointed manager, in line with upcoming legal..
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