Foreign Interest Surges in Bulgarian Property Market, Especially in Resorts
Real estate agents have reported a surge in property purchases by foreigners in Bulgaria's resorts and major cities like Sofia, Plovdiv, Varna, and Burgas
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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During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU