Gas transmission to Serbia, Hungary and Romania resumed at midnight, Bulgartransgaz announced. This happened after the end of the repair works on the damaged gas pipeline near the village of Vetrino. Gas transmission was temporarily suspended on November 1.
The Embassy of the Russian Federation in Sofia has confirmed that Gazprom has increased gas supplies at favorable prices to Bulgaria at the request of Bulgaria’s cabinet. In November, the cost of gas for Bulgaria dropped to EUR 46.55 per MWh, which is about half the average gas price in Europe, the embassy’s announcement reads.
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..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
+359 2 9336 661