According to Bulgaria’s Energy Minister Alexander Nikolov, a possible stoppage of deliveries by Gazprom to Europe would indirectly impact the price of gas in this country.
“This would mean a drastic rise in electricity prices in Europe, and Bulgaria as a country playing a balancing role for the entire region would take an indirect hit by such a price trend,” Minister Nikolov commented. In his words, because of the war in Ukraine the closure of the coal-fired power plants could be reconsidered. Alexander Nikolov said further that additional energy compensations are expected to be envisaged for businesses helping refugees from Ukraine.
Bulgarian archaeologists have found a very well-preserved two-meter-high statue with a head In the ancient city of Heraclea Sintica. It was made by an artist who used a whole marble block to make the statue in the 2nd century AD..
August is not the best month for an election campaign and elections should not be held before the middle of September. This was what President Rumen Radev, who participated in the "Bank of the Year" awards ceremony, said. "I am..
The Sand Sculpture Festival takes place for the 17th summer in a row in the city of Burgas. It will open its doors to visitors on July 5. The "Marina Zmeeva" ballet school and the musicians from the Burgas Wind Orchestra will have a special..
Hungary’s Deputy Interior Minister Bence Retvari stated that the abolition of Bulgaria and Romania’s Schengen borders by land is very important to the..
The Movement for Rights and Freedoms (DPS) will immediately return the second government- forming mandate , DPS Co-chairman Delyan Peevski told..
The position Bulgaria is going to the NATO summit with indicates that Bulgaria could offer Ukraine EUR 80 million , caretaker PM Dimitar Glavchev told..
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