More than two years ago, Russia’s Gazprom Export suspended gas deliveries under the contract with Bulgaria’s Bulgargaz.
After a two year’s delay, the new management of the state company Bulgargaz has decided to claim over EUR 400 million in damages incurred from the suspension of the gas deliveries by Galzprom, caretaker Energy Minister Vladimir Malinov has announced. Bulgargaz’ claim will first be sent to Gazprom Export, with a brief deadline for reaching agreement voluntarily. If no such agreement is reached, Bulgargaz will file a lawsuit at the International Chamber of Commerce’s Court of Arbitration in Paris. Minister Malinov explained that the deadline Bulgargaz will give Gazprom Export for reaching an agreement is extremely brief – no more than month – because there has been a delay of more than two years for arranging the matter.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
An orange code warning for dangerous precipitation has been issued for seven districts in Central Bulgaria. From midnight on Wednesday, precipitation and..
The exhibition "The Buckles – a Universe of Signs" by the Ruse Regional Museum of History is visiting Burgas. The exposition, which will be opened today..
Today, the National Assembly will vote on the new government proposed by GERB-SDS. On Monday, upon receiving the first exploratory mandate, the largest..
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