Bulgaria is joining the project for the construction of a submarine electric cable in the Black Sea, caretaker Minister of Energy Rosen Hristov said after a meeting of the steering committee for the construction of the green energy corridor from Azerbaijan to Hungary. According to the project, a submarine electricity cable is to transport green electricity from Azerbaijan to Hungary via Georgia, the bottom of the Black Sea and Romania. The participating countries greenlighted Bulgaria to join the project.
Minister Hristov also pointed out that the possibility of Gazprom to demand and win an arbitration case against Bulgaria is minimized. “We are waiting to receive the lawyers' report to assess whether the Bulgarian company can file a lawsuit against Gazprom Export”, said Rosen Hristov
A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget...
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