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.
BGN 50 million (€25.51 million) will be granted to Bulgarian Posts postal operator, after the European Commission approved, under EU state aid rules, Bulgaria's plans to grant state aid to the company in order to restore its viability. Bulgarian..
"Fear is shaking DPS. I'm talking about the apparatus," Korman Ismailov, former head of the youth organisation of the Movement for Rights and Freedoms (DPS), told BNR. According to him, the party, which came second in June's parliamentary elections,..
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
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