Military Budget Disparity Between Ukraine and Russia Deepens Despite US Aid Package
The US Congress has finally approved a long-awaited aid package for Ukraine, totaling nearly 61 billion USD, including military assistance
Russian President Vladimir Putin on Thursday told journalists he was perplexed to witness the "gutless" position of the Bulgarian government which in his words "ignored national interest".
Putin was referring to the South Stream pipeline project, which Russia abandoned last December, with the President citing opposition from the EU that resulted in Bulgaria refusing to issue construction permits. Agreement was reached back then to build a pipeline to Turkey (Turkish Stream) instead.
At at his annual press conference on Thursday, Russia's head of state underlined that his country had to invest some USD 3 B into South Stream for construction, job openings and salaries, also pointing out that Bulgaria would have started to receive EUR 400 B annually in transit fees if the project had been carried out.
TASS news agency quotes Putin as saying Moscow came up with the project "because Bulgaria supported it, but all of a sounded they didn't want it".
He stressed South Stream's idea had been "to help Bulgaria".
Putin made his comments when asked about major infrastructure projects to which Russia is currently committed.
The fate of Turkish Stream and the Akkuyu nuclear plant which Russia was supposed to build were called into question by the tensions between Russia and Turkey over a Russian bomber downed by two Turkish F-16s near the border with Syria.
On Turkish Stream, Putin said it did not "depend on us [Russia]" whether the project would be realized.
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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
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022