The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which filled the underground gas storage facility Chiren, in November 2022, to 80% before the start of the heating season. The aid will be in the form of direct grants to the natural gas suppliers to compensate for part of their losses sustained as a result of the storage of expensive gas in the summer of 2022 with the aim of fulfilling the country’s obligation to store and subsequently sell it at lower prices from November 2022 to April 2024. The ceiling for the aid is EUR 76.7 per MWh. In calculating the final amount of state aid, only half of the stored gas can be taken into account. The scheme will be in force until the end of this year.
Bulgarians and Serbs from the towns of Tsaribrod and Pirot marched in support of the student protests in Serbia , reports BTA. "We want the students' demands to be met and we hope that there will be changes in Serbia," demonstrators from the two towns in..
The Balkan Stream gas pipeline will not be subject to US sanctions for transactions with Russia's Gazprombank. This was revealed in a written answer to a parliamentary question to Energy Minister Zhecho Stankov. On December 23, 2024, the Ministry of..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev met with North Macedonia’s Foreign Minister Timco Mucunski during the Munich Security Conference. Georg Georgiev emphasized that Bulgaria's position regarding the European integration of North..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
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