"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.”
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..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
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..
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