“92% of the Gas Interconnector Greece-Bulgaria, ICGB, is ready. The interconnector will be ready by the end of June, and will be tested with gas as of July,” Teodora Georgieva, Bulgarian Executive Officer of the company ICGB which is constructing the interconnector said for public service TV BNT.
"The 182-km. long linear part of the pipeline is ready. The pipes have been laid and covered, tests have been conducted. Besides Covid-19, the construction work has also been slowed down by delayed crane deliveries, but they too have now been tested. What remains is the construction of the gas stations in Stara Zagora in Bulgaria and in Komotini in Greece. The construction company is due to pay damages of EUR 90,000 per every day of delay after the beginning of 2022. The pipe’s capacity, which is 3 million cubic metres, and it has already been reserved," Teodora Georgieva said.
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This..
+359 2 9336 661