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.
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a thematic conference organized by the Center for the Study of Democracy in Sofia, Delyan Dobrev from..
Vice President Iliana Iotova pointed out that the changed texts in the Constitution have turned against their creators. Yotova told journalists that "because of these changes in the Constitution, the Speaker of the National Assembly cannot be..
New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%. According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a..
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