Turkish Stream project will be delayed by six months and according to Bulgaria’s promise, will be completed at the end of 2020, the Russian energy giant Gazprom writes in a memorandum for new euro-bond issue. The construction of the gas pipeline had to be completed in the first half of 2020, Interfax reminds.
According to the agency, Bulgaria which has not completed its section of the gas pipeline (Balkan Stream) due to the Covid-19 pandemic is the reason for the delay. This country has to build a 474 kilometer-long pipeline from the border with Turkey to the Bulgaria-Serbia border. The project is estimated at EUR 1.1 billion without VAT. Meanwhile, Bulgaria is alreay receiving gas for own consumption from Turkish Stream, Interfax claims.
The second payment from the EU under the National Recovery and Resilience Plan of 653 million euros will certainly be refused, even though Bulgaria has implemented 85% of the reforms undertaken to this stage. This was stated at a briefing by Deputy..
The situation with freedom in the world is deteriorating, and authoritarianism is increasing, according to the annual ranking of the non-governmental organization "Freedom House" , which monitors the state of democracy around the world. The countries..
Ukrainian citizens living in the region of Plovdiv will be able to renew their documents for temporary protection in Bulgaria at six points in Plovdiv, the Plovdiv Regional Police Directorate announced. The Bulgarian government has extended the..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The effects of the protests against supermarkets are being felt, Agriculture Minister Georgi Tahov said in Plovdiv, where he was attending a national..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
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