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.
Bulgaria has received encouraging signals at the Eurogroup meeting. "The country has made even greater progress in fulfilling the price stability criterion," said European Commissioner for the Economy Valdis Dombrovskis. When..
The Consulate General of Bulgaria in Toronto announced that it has organized a crisis headquarters and is monitoring the situation with the plane crash at Pearson Airport in the Canadian city. A plane from Minneapolis to Toronto..
The decision to send troops to Ukraine is an exclusive prerogative of the parliament. This is stated in the position of the Ministry of Foreign Affairs, following a request made by the US to European countries. Questions about..
The latest technological solutions, products and projects in the field of agriculture and agro-industry will be presented at the "Agra..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
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