At the initiative of Brussels in November a trilateral meeting between EC, Bulgaria and Russia is to discuss the realization of the Balkan gas hub near Varna, Deputy Prime Minister for Economic Affairs Tomislav Donchev has announced. It is expected that the meeting would focus on the legal scenarios that would make possible for the Russian gas supplies to reach the planned gas hub under the Black sea. According to the executive director of state company "Bulgartransgas," Georgi Gegov, a project company for the hub with options to include more foreign investors, will be created . He added that "Gazprom" is interested in the project, but expects legal guarantees from Brussels in connection with the implementation of the Third Energy Package. Russian President Vladimir Putin said he expected "concrete guarantees" in order to restart "South Stream" and it seems he would receive such guarantees at least when the sea route of the pipeline to Bulgaria is concerned.
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Swiss commodity trader Gunvor said it has withdrawn its proposal to buy Lukoil’s foreign assets, including the refinery in Burgas, after the U.S. Treasury called it Russia’s ‘puppet’, Reuters reported.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..
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 amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in..
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