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
"I have tried to get experts into the government, to achieve continuity and the cabinet to be politically balanced," caretaker Prime Minister Dimitar Glavchev said when presenting the composition of the already active caretaker cabinet to the President...
Caretaker Deputy Prime Minister and Finance Minister Lyudmila Petkova, Vice President of the European Commission Valdis Dombrovskis and European Commissioner for Economy Paolo Gentiloni signed, in Luxemburg, a partnership agreement between the..
The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..
There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices...
The total average income per household member in the first quarter of 2024 is BGN 2,840 (EUR 1,452.07), which was an increase of 18.6%, year-on-year, the..
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