Bulgaria has the right to deny access to Balkan Stream's gas infrastructure. This is what the MPs wrote in the final amendments to the Energy Act. The right of this country to refuse access to the gas pipeline is related to the European directive on gas infrastructure from 2019, BNR’s Dobrina Karambolova reported.
The changes also eliminate the 5% fee paid to the Electricity System Security Fund by producers of electricity from renewable energy sources. Adopted changes envisage that producers with a total installed capacity of 500 kilowatts to 1 megawatt will be able to enter the free market.
Tenders for reservation of cold reserve capacities for production of electricity have been canceled.
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
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