Bulgaria Grapples with Soaring Corruption Rates: New Report Reveals Shocking Data
Corruption in Bulgaria has soared to its third highest peak in history, according to a recent report by the Center for the Study of Democracy
By Maria Levitov for Bloomberg
OAO Gazprom, the world's biggest natural-gas producer, agreed to carry out a feasibility study of the Bulgarian segment of the planned South Stream pipeline, the company said.
The company signed the agreement with Bulgaria's energy holding and pledged to carry out the feasibility study quickly, it said in an e-mailed statement today.
"In the first half of 2011 we will be able to make a decision about the optimal route of the pipeline in Europe, taking all the options into account," Chief Executive Officer Alexei Miller said in the statement.
Gazprom plans to build the pipeline to supply eastern, central and southern Europe, bypassing transit states such as Ukraine. The construction is planned to start in 2013 with the first gas deliveries at the end of 2015.
Romania signed an accord with Gazprom earlier this month about the possible construction of South Stream across its territory. Gazprom hasn't made a final decision on the route.
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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.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022