The Chairman of the Russian State Duma Sergey Naryshkin said that the West had treated Bulgaria as a colony in case of the South Stream pipeline, not respecting the country's economic interests.

Naryshkin's comments come after the decision of Russia to cancel the construction of the South Stream project, which was announced last week.

The South Stream pipeline was projected to transit Russian gas via the Black Sea and Bulgaria to the Western Balkans, Hungary, Austria and Italy.

Naryshkin stated that the European Union (EU) has dealt with Bulgaria in a shameful way, treating it like a colony.

According to him, experts were already assessing the harms done to the European economy from the sanctions and anti-sanctions.

The unrealised profits from unfulfilled projects such as South Stream were also be taken into account.

Naryshkin said that the decision for the abandonment of the project originated from the European Commission and from Bulgaria, at the instigation of Brussels and Washington.

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