"All countries will lose from a full-scale conflict between Russia and Ukraine", Ivailo Kalfin, former Minister of Foreifn Affairs, contends.
"If war breaks out, Russia will have NATO on its borders, because Ukraine will be quickly admitted to the North Atlantic Alliance", said Ivailo Kalfin. “The embargo on Russia could cause severe economic damages”, Ivailo Kalfin said for bTV. “Russia supplies about 40% of the EU’s natural gas imports. However, Russia exports 80% of its natural gas to the European market and it will be detrimental to Moscow, if it loses this market”.
“I do not expect a direct Russian invasion in Ukraine. This conflict will most likely take place within the eastern provinces. At this stage, Russia’s benefits from a possible war are much smaller than losses.”
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was on-site to see the progress in the modernization of the Orizovo-Mihaylovo railway section. The..
Unemployment benefits in Sofia continue to be above the minimum wage, according to the latest data from the National Social Security Institute. It is the highest in the country and is on average 1,145 leva (585.43 EUR). The lowest unemployment..
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
North Macedonia has still not adopted the necessary constitutional amendments aimed at including Bulgarians and other non-majority communities in the..
Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
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