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
Russian President Vladimir has required a "rock-solid guarantee" that South Stream, if continued, would be carried through.
At a press conference on the occasion of talks with Turkish counterpart Recep Tayyip Erdogan, Putin has made clear the two countries would go on with Turkish Stream gas pipeline, which was announced as an alternative to South Stream at the end of 2014.
"We never politicize issues of economic cooperation," Putin has told the media, amid efforts to renew energy cooperation with Russia from the Bulgarian side
"We see that the Bulgarian side would like to return to this project... But intentions alone are not enough," the Russian head of state has said.
Due to the moves by the EU Commission to pressure Bulgaria into blocking the construction Russia "suffered certain losses" and now needs "rock-solid legal guarantees... They are not present, though."
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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
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022