The commercial exploitation of the liquefied gas terminal near Alexandroupolis, which is key to Bulgaria’s energy security, will be delayed by two months. The deadlines, set for the beginning of January, are being postponed until March, 2024, BGNES reports. The reason for the delay is the updated business plan adopted on 3 November at a meeting of the board of directors of the project company Gastrade SA which is constructing the terminal. The update had to be made because of the approval, by the European Commission, of the request by the Greek side for additional state aid for the project amounting to EUR 106.1 million. The aid is granted after a significant increase in the planned expenditure for the construction and exploitation of the facility, as compared to the projected costs.
Monthly inflation for May is 0.0%, while annual inflation is 3.7%, announced by the National Statistical Institute (NSI). Cumulative inflation, as measured by the Consumer Price Index, is 16.8% over the last three years (May 2025 compared to May 2022)..
Due to cancelled flights by air carriers, Bulgarian Posts will temporarily suspend the acceptance of all types of parcels for Israel, Iran, Iraq, Lebanon and Jordan with effect from 16 June 2025. Updated information will be published on the official..
An elderly Israeli woman of Bulgarian descent was killed in an Iranian attack on a residential building in the Israeli city of Bat Yam , according to BNR’s correspondents in Israel, Fenya and Iskra Dekalo. Although the Bulgarian Ministry of Foreign..
Just a week after receiving the positive convergence reports on Bulgaria’s entry into the Eurozone, all major financial funds have stated their..
Sofia’s South Park II hosts the fifth edition of the Asian Festival dubbed “United in Diversity”. The event attracts a large Bulgarian and..
Holding elections after entry into the Eurozone would be catastrophic for Bulgaria and would mislead our colleagues in Europe who have been treating..
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