Major International Conference "Bulgaria in the Eurozone, When?" Will Take Place on May 14 in Sofia
The event will bring together esteemed local and international leaders such as Wolfgang Schüssel, former Chancellor of Austria
Russia hasn’t entirely abandoned the South Stream gas pipeline project, President Vladimir Putin has said.
South Stream was meant to diversify Russian gas supplies to Europe; it had never been seen as an alternative to the Nord Stream-2 project, Putin said at a meeting with the CEOs of the world’s leading news agencies on the sidelines of the St. Petersburg International Economic Forum on Friday, according to TASS.
The South Stream project was designed to carry Russian gas to southeastern and central Europe via a pipeline under the Black Sea coming ashore in Bulgaria.
Nord Stream-2 is a project designed to double the capacity of the existing pipeline delivering gas to Germany under the Baltic Sea and take direct supplies to other EU countries such as the UK, France and the Netherlands.
Russia had to cancel the construction of the pipeline after Bulgaria refused to grant permission citing objections of the European Commission.
Putin said earlier this month that Moscow had abandoned neither South Stream, nor Turkish Stream, another project to carry Russian gas to Europe.
Russian Energy Minister Alexander Novak said last week that Moscow was ready to consider any options for gas deliveries to Greece and Italy, including through Bulgaria, but any decision for building the infrastructure rested with the European Commission.
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Amid escalating tensions between Russia and the West, in the context of the war in Ukraine, Moscow issued a stern warning to France, cautioning that any deployment of French troops to Ukraine would make them legitimate targets for the Russian military
Russian President Vladimir Putin officially began his fifth presidential term on Tuesday, marking the start of another six-year tenure
The Bulgarian ambassador to Russia, Atanas Krastin, will be notably absent from Vladimir Putin's upcoming inauguration ceremony, citing "personal reasons" for his inability to attend.
Reports from AFP and Reuters have revealed that Russia is set to conduct military exercises in the near future, involving the use of tactical nuclear weapons
During the World Economic Forum, United States Secretary of State Anthony Blinken raised concerns over Russia's unprecedented pace of weapon production, comparing it to historical records, including the Cold War era of the USSR.
A recent report by a group of Western insurers has shed light on Russia's ability to circumvent Western oil sanctions, revealing that measures aimed at capping Russian oil prices have proven ineffective and have inadvertently fueled a surge in gray zone a
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