Bulgartransgaz may issue bonds or take out a bank loan in the first six months of the year to finance the construction of the transit 484 kilometer new gas pipeline. The project is estimated at 1.2 billion euro. There is a third financing option – through leasing which Bulgartransgaz will pay off from transit fees.
“We have never regarded this pipeline as a Bulgarian section of TurkStream because it is an extension of our gas transmission system,” said the company’s Executive Director Vladimir Malinov.
Bulgaria consistently opposes proposals to remove the requirement for unanimity in decision-making within the framework of the EU’s Common Foreign and Security Policy, Minister of Foreign Affairs Georg Georgiev said in response to a question from MP..
"As of today, there will be no acting mayor of Varna and the position will be held by the legally elected mayor Blagomir Kotsev," said deputy Pavel Popov at a press conference. According to him, Kotsev will fulfill his duties and the..
The National Assembly has established a National Decarbonization Fund after adopting amendments to the Energy Efficiency Act. The new structure will support households for energy efficiency measures. It is being established after..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
“The storm has mostly passed, but there are still risks”, Deputy Premier Tomislav Donchev told bTV regarding Lukoil . ''The first priority is to..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
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