Deputy Minister of Energy Iva Petrova forecasts that high energy prices would dominate the market at least until 2023. During the Sofia Economic Forum, she said that the government's efforts after the suspension of gas deliveries from Russia were aimed at providing and guaranteeing alternative sources. At the same time, support continues to be provided for the completion of important infrastructure projects, including the Bulgaria-Greece gas link, the liquefied gas terminal in Alexandroupolis, and the Chiren gas storage expansion project, the deputy minister added.
In the second quarter of 2025, Bulgaria recorded the second-highest GDP annual growth in the European Union with a rise of 3.4% compared to the same period last year, according to Eurostat data. Compared to the previous quarter of 2025, Bulgaria..
Bulgaria’s state budget for 2025 does not add up. “The genie is out of the bottle – the state has never spent at such a pace,” warn financial experts. With only a few months left in the year, and despite the strenuous efforts of institutions such as the..
Bulgaria’s state gas supplier Bulgartransgaz has been “decapitalised” by a contract with Turkish company Botaş, Energy Minister Zhecho Stankov warned on Thursday, saying the deal could also threaten gas supplies to local district heating companies...
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