Bulgaria’s outgoing Minister of Energy Alexander Nikolov has notified Gemcorp Holdings Ltd and IP3 of the termination, by mutual consent, of the non-binding memorandum of understanding that was signed between Bulgaria and the two companies on March 23, 2022. This was announced by Energy Minister Nikolov at today's meeting of the outgoing cabinet. The document provided for cooperation on projects for alternative and strategic gas supplies, development of nuclear energy and production of clean energy.
The memorandum was signed after the visit of a high-level Bulgarian delegation in the United States in March. However, according to western media, one of the companies is connected to Russian oligarchs. The government terminated the memorandum on 20 July. This would not entail payments for Bulgaria, outgoing Premier Kiril Petkov said in a TV interview.
At the invitation of Bulgaria's Head of State, Rumen Radev, Lebanon's President, General Joseph Aoun, arrived on an official visit to Bulgaria. The visit takes place ahead of the 60th anniversary of the establishment of diplomatic relations between..
Prime Minister Rosen Zhelyazkov said that the state’s representative at Lukoil could include more than one appointed manager, in line with upcoming legal changes. He added that the names of the candidates for special manager or managers would be..
November 10 marks 36 years since the symbolic beginning of the transition from a one-party system to democracy in Bulgaria. The day after the fall of the Berlin Wall a plenum of the then ruling Bulgarian Communist Party ousted its..
On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in..
The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended..
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