Deputy Prime Minister and Minister of Finance Assen Vassilev stated, in an interview with the BNR, that Bulgaria will not renew its contract with Gazprom for the delivery of natural gas because of the war in Ukraine.
“During the next 1-2 weeks there will be discussions, at a European level, for a common gas contract for the entire European Union. We expect this mechanism to start functioning in the summer,” Minister Vassilev added.
“There are no negotiations currently taking place for the renewal of the contract with Gazprom, talks are being held with Azerbaijan for additional quantities of Azeri gas,” Ivan Topchiyski, chairman of Bulgargaz's board of directors stated, on his part, for Bulgarian public service TV BNT. He added that after 30 June, we can expect to receive Azeri gas at full capacity.
The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..
The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive. If a stable..
In the next 3 to 5 years, Bulgaria will experience a shortage of more than 250,000 specialists with higher education. For the past 8 years, Bulgaria has missed the opportunity, which a number of EU countries have taken advantage of, to conclude an..
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES..
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