There are grounds for holding negotiations with Gazprom in order for Bulgaria to receive better conditions for the purchase of natural gas, chairman of the Energy and Water Regulatory Commission Ivan Ivanov said in parliament. In comparison to other European countries, Bulgaria could request new negotiations and get a better price, he said.
MP Martin Dimitrov of "Democratic Bulgaria" pointed out that Bulgaria would have better positions in negotiating with the Russian giant, if the interconnector with Greece through Makaza was already completed.
Ivan Ivanov recalled that the project had been delayed by 5 or 6 years and expressed doubts that the gas link would be completed by the end of 2021.
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
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