More than two years ago, Russia’s Gazprom Export suspended gas deliveries under the contract with Bulgaria’s Bulgargaz.
After a two year’s delay, the new management of the state company Bulgargaz has decided to claim over EUR 400 million in damages incurred from the suspension of the gas deliveries by Galzprom, caretaker Energy Minister Vladimir Malinov has announced. Bulgargaz’ claim will first be sent to Gazprom Export, with a brief deadline for reaching agreement voluntarily. If no such agreement is reached, Bulgargaz will file a lawsuit at the International Chamber of Commerce’s Court of Arbitration in Paris. Minister Malinov explained that the deadline Bulgargaz will give Gazprom Export for reaching an agreement is extremely brief – no more than month – because there has been a delay of more than two years for arranging the matter.
GERB leader Boyko Borissov denied that there was pressure from the leader of DPS-New Beginning, sanctioned under the global Magnitsky Act, Delyan Peevski, to be in power. He expressed confidence in the future of the cabinet due to..
On March 27, traffic on the Danube Bridge near Ruse on the border with Romania will be suspended because of the ongoing major repairs. The passage of passenger cars will be limited from 9:00 a.m. to 9:00 p.m., and that of heavy..
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Workers in state psychiatric hospitals have gone on strike demanding higher salaries and better working conditions, including adequate workplace..
A proposal for holding a referendum on preserving the Bulgarian lev has been submitted to the parliament's registry office. This was announced by the..
Bulgaria ranks third among EU countries in terms of minimum wage growth in the period 2015-2025. According to Eurostat, during this..
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