The use of natural gas must be an “intermediary step” towards the creation of a carbon neutral economy, something that is especially true of Bulgaria, European Commission Executive Vice-President Frans Timmermans said in answer to a question from the BNR’s Horizont channel, put during the Euranet Plus Summit 2021:
“In Bulgaria, but also in other countries, the transition away from coal and wood to renewable energy is one step too far, so we have to take an intermediary step in bringing natural gas into people’s homes (…) It is a fundamental transition (…) We have to make sure that this transition is just, if it is not just, if it is not based on solidarity it will just not happen. We all have an interest in making sure that there is no energy poverty, that the transition helps people to pay less for energy not more, and that it is done in a fair way,” Frans Timmermans said.
A forum entitled "Career and Life - Why in Bulgaria?", organized by the Bulgaria Wants You platform, was held at the Royal Geographical Society in London on October 20. The event, which took place for the second time, attracted significant..
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
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