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.
A contractor has been selected to supply 35 electric railcars, Transport Minister Georgi Gvozdeykov announced at the Green Transition Forum 4.0 in Sofia. The trains will be purchased with funds from the Recovery and Resilience Plan, he said. The..
An expert cabinet is the only possible option in a political crisis. This position was expressed by the chairman of the parliamentary group of ITN party Toshko Yordanov at the consultations with President Rumen Radev on forming a government. "The most..
An alert of the highest threat level issued by one of the most influential intelligence services in the world is the reason why the home of GERB leader Boyko Borissov is guarded by snipers . This is how he responded to the question of the PP-DB party..
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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