"All countries will lose from a full-scale conflict between Russia and Ukraine", Ivailo Kalfin, former Minister of Foreifn Affairs, contends.
"If war breaks out, Russia will have NATO on its borders, because Ukraine will be quickly admitted to the North Atlantic Alliance", said Ivailo Kalfin. “The embargo on Russia could cause severe economic damages”, Ivailo Kalfin said for bTV. “Russia supplies about 40% of the EU’s natural gas imports. However, Russia exports 80% of its natural gas to the European market and it will be detrimental to Moscow, if it loses this market”.
“I do not expect a direct Russian invasion in Ukraine. This conflict will most likely take place within the eastern provinces. At this stage, Russia’s benefits from a possible war are much smaller than losses.”
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The Finance Ministry has confirmed that Minister Petkova will participate in the Eurogroup meeting on 17..
Minimum temperatures on Monday will be between minus 4 and 1°C. In Sofia it will be around minus 3°C. The mercury will hover between -3 and 0 °C in the north. Maximum temperatures in southern Bulgaria will be between 2 and 7°C. In the capital it will..
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 was organised by the movement "For a Free Russia" - an association of Russian immigrants in..
Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices...
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..
Bulgaria's Minister of Foreign Affairs, Georg Georgiev, participated in a working breakfast dedicated to addressing illegal migration and its..
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