All principal construction work on the gas interconnector between Bulgaria and Greece via Komotini has been completed. Since mid-June the pipeline equipment has been filled and tested successfully with compressed natural gas. The gas pipeline, the seven valve stations, the two gas metering stations and the dispatch centre are technically viable, construction supervision has ascertained.
The Bulgarian-Greek company ICGB, which is the investor and future operator of the interconnector issued a statement denying allegations that the pipeline is unfinished. ICGB has submitted, to the Ministry of Regional Development and Public Works, a two-stage plan for the completion of the accompanying works.
The interconnector can be made operational in test mode at the end of August, ICGB says.
The direct losses for Bulgaria from the delayed full accession to the Schengen Area amount to EUR 424 million, caretaker Minister of Economy Petko Nikolov said . He quoted a report by the Economic Research Institute at the Bulgarian Academy of..
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
+359 2 9336 661