The Council of Ministers opens a tender procedure for the search and exploration of oil and natural gas in the area "Block 1-26 Khan Tervel", located in the exclusive economic zone of Bulgaria in the Black Sea.
The area is over 4,000 square kilometers in size and permission will be granted for 5-year long exploration, with the right to three extensions of two years each. Potential bidders are required to have generated at least €150 million in net sales revenue in total over the past three financial years.
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This is shown by current data on the state of the sector, presented by the Minister of Agriculture..
The Bulgarian Council of Ministers has not discussed the hypothesis of Bulgaria's possible participation in peacekeeping forces in Ukraine. This was stated to the media by Deputy Prime Minister and Chairman of the Bulgarian Socialist Party (BSP) Atanas..
As Commander-in-Chief of the Bulgarian Armed Forces, I firmly oppose sending troops to Ukraine in any form, said President Rumen Radev during a celebration of the 35th anniversary of the establisment of the Confederation of Independent Trade Unions in..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
Minimum temperatures on Monday will be between minus 4 and 1°C. In Sofia it will be around minus 3°C. The mercury will hover between -3 and 0 °C in the..
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