“The budget is going to hold up if revenues go down as a result of the reduction of excise duty on fuel, as proposed at a European level by Bulgaria. Negotiations are underway with Azerbaijan for natural gas but there are going to be no negotiations with Russia and Gazprom as long as the Russian invasion of Ukraine continues,” said Minister of Energy Alexander Nikolov in an interview with Bloomberg TV Bulgaria.
“There is a direct connection between Gazprom Export and the way Russia is governed, and that is a huge wall in the way of any negotiations. If the war continues naturally there can be no negotiations for Russian gas because, in the mid-term, such a supplier cannot be relied on, all the more so that the prices are excessive,” Minister Nikolov commented.
On Tuesday it will be cloudy, with rainfalls in many places. In the high fields of the western regions of Bulgaria it will snow. In the eastern regions the precipitation will be significant. In the western and central regions the..
The construction of a new Danube bridge near Ruse may begin in 2026, as European funding totalling 2.5 billion euros has been provided, the city's regional governor, Dragomir Draganov reported. The new bridge over the..
Around mid-January, we are expected to fulfil the last criterion for the eurozone, which will allow us to submit the convergence reports to the European Central Bank and the European Commission, caretaker Prime Minister Dimitar..
12 settlements in Smolyan district are without electricity after the heavy snowfall yesterday. Settlements in the municipalities of Smolyan, Devin and..
This year, employers prefer to replace the 13th salary with Christmas events and bonuses. Less than 50% of companies in Bulgaria pay bonuses...
Long lines of trucks and cars have formed at the border with Turkiye, reported Nova TV. The line of trucks on the Maritsa motorway has reached..
+359 2 9336 661