“92% of the Gas Interconnector Greece-Bulgaria, ICGB, is ready. The interconnector will be ready by the end of June, and will be tested with gas as of July,” Teodora Georgieva, Bulgarian Executive Officer of the company ICGB which is constructing the interconnector said for public service TV BNT.
"The 182-km. long linear part of the pipeline is ready. The pipes have been laid and covered, tests have been conducted. Besides Covid-19, the construction work has also been slowed down by delayed crane deliveries, but they too have now been tested. What remains is the construction of the gas stations in Stara Zagora in Bulgaria and in Komotini in Greece. The construction company is due to pay damages of EUR 90,000 per every day of delay after the beginning of 2022. The pipe’s capacity, which is 3 million cubic metres, and it has already been reserved," Teodora Georgieva said.
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it..
"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have..
A few hours before being sworn in for the second time as President of the United States, Donald Trump shocked the international community with the news..
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