“The accumulated problems in the sphere of energy create serious risks for the industry, for the economy and for people,” President Rumen Radev stated during a meeting with the chairman of the Energy and Water Regulatory Commission Ivan Ivanov.
Ivan Ivanov on his part pointed to the delay in the construction of the Gas Interconnector Greece – Bulgaria (IGB) which has been going on for 12 years.
“The fact that TurkStream does not branch out to any towns in Northern Bulgaria shows it is just a transit gas pipeline, built entirely at the cost of the Bulgarian side, with no clarity whether this money can be compensated for by the transit fees,” Ivan Ivanov stated further.
Ivan Ivanov and Rumen Radev agreed that the country needs a national energy strategy in view of the transition to low-carbon emissions and to protecting the people employed in the industry.
Over the past 10 years, housing prices in Sofia have tripled, and in large cities more than doubled. This is according to data from one of the largest brokerage companies on the Bulgarian market. "If in 2015 in Sofia you could buy a home..
The reactors intended for Bulgaria's unrealised second nuclear power plant project - Belene - will not be sold. This was announced to journalists by Deputy Prime Minister and BSP leader Atanas Zafirov. He said that he had discussed the fate of the two..
In Sofia's Zaharna Fabrika neighbourhood, in the Ilinden municipality, the authorities have begun demolishing illegal structures inhabited by members of the Roma community. The municipality assures full cooperation with the citizens. The demolition..
Finance Minister Temenuzhka Petkova has announced that Bulgaria is ready to join the eurozone. She made the statement at a business breakfast hosted by..
The traditional Bulgarian banitsa has ranked third in the Best Cheese Dishes list by Taste Atlas . The Bulgarian Banitsa with Cheese earned 4.5..
The reactors intended for Bulgaria's unrealised second nuclear power plant project - Belene - will not be sold. This was announced to journalists by..
Partly Cloudy
Mostly Cloudy