Bulgaria is interested in participating as a co-shareholder in the initiative to create a "green" corridor for the transmission of "green" energy produced in Azerbaijan to Europe, caretaker Premier Dimitar Glavchev said at a meeting in Berlin with the Minister of Foreign Affairs of Azerbaijan, Jeyhun Bayramov. Premier Glavchev reaffirmed Bulgaria's support for the initiative, in which Georgia, Hungary and Romania also participate alongside Azerbaijan. It is yet to be specified which state company will take part in it on the Bulgarian side.
During the talks, the Vertical Gas Corridor was also discussed, for the construction of which two major contracts were signed a week ago in Sofia. The project aims to replace Russian gas supplies and will cement Bulgaria's place on the gas map. It will serve as a main corridor for the South-North transmission of Azeri natural gas to Central European markets.
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..
Bulgaria has favorable climatic conditions for producing electricity from the su n, even in the transitional seasons of spring and autumn. One of the..
A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by..
A Bulgarian-Ecuadorian Business Forum will be held in Bulgaria, jointly organized by the Bulgarian Chamber of Commerce and Industry and the Pro Ecuador..
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