The use of natural gas must be an “intermediary step” towards the creation of a carbon neutral economy, something that is especially true of Bulgaria, European Commission Executive Vice-President Frans Timmermans said in answer to a question from the BNR’s Horizont channel, put during the Euranet Plus Summit 2021:
“In Bulgaria, but also in other countries, the transition away from coal and wood to renewable energy is one step too far, so we have to take an intermediary step in bringing natural gas into people’s homes (…) It is a fundamental transition (…) We have to make sure that this transition is just, if it is not just, if it is not based on solidarity it will just not happen. We all have an interest in making sure that there is no energy poverty, that the transition helps people to pay less for energy not more, and that it is done in a fair way,” Frans Timmermans said.
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by more than 20% compared to the same period last year. As of September 30, 2024, the number of..
There has been an upsurge in the economy in every region of Bulgaria, the effects of the Covid crisis have been overcome, tourism has fully recovered, which is evident in Bulgarian seaside regions and spa resorts - this is the conclusion that is drawn..
More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..
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