EU Considers Rolling Back Tariffs on Ukrainian Grain Imports
Amidst growing pressure from farmers and member states, the European Union is poised to reverse tariffs on grain imports from Russia and Belarus
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The future of Moscow-backed South Stream gas project “is looking increasingly murky” amidst the East-West tensions over Ukraine, the FT’s energy editor Guy Chazan has opined.
According to the author, the pipeline project designed to carry Russian natural gas to Italy and Austria via Bulgaria bypassing troublesome Ukraine has become “one of the biggest casualties of the east-west stand-off over Ukraine”.
In an article headlined “South Stream gas project may now be a pipe dream” Chazan highlights that the project has become “a symbol of the hardening of attitudes between” Russia and the European Union since the start of the crisis in Ukraine.
Tit-for-tat trade sanctions, visa bans and asset freezes have replaced cautious rapprochement between Moscow and Brussels, creating potential for huge delays and making skeptics wonder whether the USD 15 B project will happen at all, Chazan says.
You can read the whole article here: http://www.ft.com/intl/cms/s/0/6871b0a2-2487-11e4-be8e-00144feabdc0.html#axzz3BTakfhIv
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Brazen Bulgarian gangs "terrorise the elderly and rob them over their life savings with increasingly aggressive phone scams nettling millions of euros," according to an AFP story.
The prospect of US President Donald Trump's moving closer to Russia has scrambled the strategy of "balancing East and West" used for decades by countries like Bulgaria, the New York Times says.
Bulgarians have benefited a lot from their EU membership, with incomes rising and Brussels overseeing politicians, according to a New York Times piece.
German businesses prefer to trade with Bulgaria rather than invest into the country, an article on DW Bulgaria's website argues.
The truth about Bulgaria and Moldova's presidential elections is "more complicated" and should not be reduced to pro-Russian candidates winning, the Economist says.
President-elect Rumen Radev "struck a chord with voters by attacking the status quo and stressing issues like national security and migration," AFP agency writes after the presidential vote on Sunday.
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