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.
Until the average income of the population reaches 80% of the European average, we should not enter the euro area. Inflation goes along with it and there must be some reserves, Georgi Kadiev, former Deputy Minister of Finance, part of..
There are four times as many people dying of brain stroke in Bulgaria compared to other EU countries , according to a 2021 report by the European Commission. In 2023, 45,000 brain stroke patients were registered in Bulgaria, of which more than..
Bulgaria is hosting the international forum on the Cyrillic alphabet "Alphabet. Language. Identity" where more than 30 scholars from 12 countries are taking part. At the opening of the event in the National Palace of Culture in Sofia, President..
Ivan Ivanov, chairman of the Energy and Water Regulatory Commission, announced that a decision would be taken today on how to compensate green energy..
During the next 24 hours, cumulus clouds will develop again over the western half of the country. At night, there will be short-term..
There is nothing in the country’s position, approved by the Council of Ministers for the NATO summit in Washington that infringes on our national..
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