According to Bulgaria’s Energy Minister Alexander Nikolov, a possible stoppage of deliveries by Gazprom to Europe would indirectly impact the price of gas in this country.
“This would mean a drastic rise in electricity prices in Europe, and Bulgaria as a country playing a balancing role for the entire region would take an indirect hit by such a price trend,” Minister Nikolov commented. In his words, because of the war in Ukraine the closure of the coal-fired power plants could be reconsidered. Alexander Nikolov said further that additional energy compensations are expected to be envisaged for businesses helping refugees from Ukraine.
Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading international human rights standards that the Republic of Bulgaria, as a country governed by the rule of..
Bulgaria ranks second in the European Union in the number of companies with more than 40% Russian ownership, according to a survey by Moody's. The rating agency has identified 46,000 companies in the EU owned by Russian companies or individuals...
Burgas is hosting a glamorous gala, bringing together dozens of martial arts champions. On Saturday, 24 August, the prestigious MMA organization is holding a BRAVE 86 competition with some of the most prominent world names in MMA taking part...
Bulgarian Patriarch Daniil has called on the faithful to pray for the strengthening of the Ukrainian Orthodox Church, which is threatened with closure ...
About 40 parent organizations from across the country supported changes to the Preschool and School Education Act, banning the propaganda of..
The European Prosecutor's Office in Sofia has seized property as part of an investigation into a project worth 2.6 million euros (5.2 million leva),..
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