According to Bulgaria’s Energy Minister Alexander Nikolov, a possible stoppage of deliveries by Gazprom to Europe would indirectly impact the price of gas in this country.
“This would mean a drastic rise in electricity prices in Europe, and Bulgaria as a country playing a balancing role for the entire region would take an indirect hit by such a price trend,” Minister Nikolov commented. In his words, because of the war in Ukraine the closure of the coal-fired power plants could be reconsidered. Alexander Nikolov said further that additional energy compensations are expected to be envisaged for businesses helping refugees from Ukraine.
Bulgarian Minister of Agriculture and Food, Georgi Tahov, participates today in a meeting of the EU Agriculture and Fisheries Council, which is held in Luxembourg. The Belgian presidency will invite the Council to endorse a set of..
According to the requirements of the Constitution, on June 24, President Rumen Radev starts consultations with representatives of the parliamentary groups in the 50th National Assembly before handing over the first exploratory mandate..
The night sky will be mostly clear with more clouds until midnight in the western areas of the country where rain showers are possible. On Monday, June 24, the weather will be mostly sunny. In the south-western regions of Bulgaria, cumulus..
The Bulgarian Development Bank (BDB) is starting "unlimited" financing for the country's defense industry. According to caretaker Minister of..
Caretaker Minister of Interior Kalin Stoyanov is attending the ministerial conference of the Salzburg Forum countries in Vienna, the Ministry of..
Bulgaria has been allocated 48.6 million euro for culture under the Recovery and Resilience Plan (RRP) , interim Culture Minister Nayden Todorov said. The..
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