Unpredictability in the sphere of energy has a detrimental effect on the Bulgarian economy. "At the moment nobody knows what the price of natural gas is," Dobri Mitrev, chair of the Bulgarian Industrial Association has told BNR, adding..
The European Commission’s intention to impose an embargo on Russian oil, effective by the end of the year at the latest, has sparked strong reactions. Hungary’s Prime Minister Viktor Orban called it an “atomic bomb” on the country’s..
Following the Bulgarian government's refusal to pay for Russian natural gas in rubles, Moscow's decision to suspend supplies was expected. Yet, this has put cabinet of Prime Minister Kiril Petkov in an extremely difficult position with an unclear..