Republicans Propose Low-Interest Loan for Military Aid to Ukraine
US Senator Lindsey Graham expressed confidence that Congress will soon approve an aid package for Ukraine, albeit likely in the form of a low-interest loan rather than grants.
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
A landmark event, part of the project to bring Azeri gas supplies to Europe, could take place next month – the signing of the final investment decision on the construction of the interconnector Greece-Bulgaria (IGB), according to an article carried by rosinvest.com.
The IGB construction is projected to start in March 2016 and close in 2018. The interconnector with Greece will enable Bulgaria to make a big step toward reducing its almost total dependence on Russia for gas supplies, the article “Azerbaijan and the Gas Hopes of Bulgaria” reads.
With the South Stream gas pipeline project now abandoned by Russia and the risk of potential disruption of Russian gas supplies via Ukraine still existing, Bulgaria now has all its hopes of energy diversification pinned on Azeri gas which the country could start receiving via the IGB.
Bulgaria currently relies on imports of Russian gas via a sole pipeline route crossing Ukraine to meet almost 95% of its needs.
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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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