The implementation of the South Stream gas pipeline project is to start during this year, Bulgarian Minister of Economy and Energy Dragomir Stoynev said at a working meeting that took place in the town of Gabrovo. Through the project Bulgaria will ensure reliability of natural gas supply, while in the poorest region of the country - Northwestern Bulgaria, some 5000 new jobs will be created. Only Bulgarian companies will work on the project in this country and investments total 1.5 billion euro. This is not the only major project which the government favors, it was also announced. Bulgaria has also signed an agreement with Azerbaijan for the supply of 1 billion cubic meters of gas from the Caspian Sea and implementation of the project is expected in 2019.
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..
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would..
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an..
The Sofia Christmas Festival will open tonight in the park in front of the National Palace of Culture in the heart of Sofia . The third edition of the..
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