European Wage Growth Slows at End of 2023: Bulgaria Outpaces EU Average
Data released by Eurostat reveals a notable deceleration in wage growth across the European Union (EU) and the eurozone during the final quarter of 2023
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Russian energy concern Gazprom is to slash gas deliveries to Poland by 24 percent, Polish state company PGNiG has announced.
Gazprom has not yet commented on the information, but experts suggest the step comes in retaliation to the prospect of new EU measures against Moscow.
Supplies dropped by 20% on Monday, according to PGNiG officials.
Poland is not strongly dependent on Russian gas, since it counts on domestically-produced coal for the bulk of its energy and is seeking to develop the shale gas industry.
However, some two-thirds of its gas imports (about 16 billion cubic meters annually) come from Russia.
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The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
Prime Minister Nikolai Denkov addressed concerns over the long-term storage of nuclear waste during a parliamentary control session in Bulgaria today
Effective March 1, Bulgaria has officially halted the use and importation of Russian oil for fuel production, following a decision by the Parliament to drop the derogation
"Bulgargaz" suggests an 18% decrease in natural gas prices starting next month
In a recent report released by the Institute for Energy Economics and Financial Analysis (IEEFA) on Wednesday, it was revealed that demand for natural gas in Europe experienced a significant decline last year, dropping to its lowest level in a decade
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