Ukrainian Community and Businesses Unite to Create Cultural Mural in Varna, Bulgaria
In Varna, Ukrainian business leaders and the diaspora have joined forces to create an ethnic mural celebrating the Day of Courage and the Bulgarian Army
Bulgaria's former government granted South Stream the first building permit in end-July, the Regional Development Ministry's website reveals.
A document [BG] dating July 31 signed by former Regional Minister Desislava Terzieva shows the construction of a receiving terminal in the Pasha Dere area, near the Black Sea city of Varna and a compressor station.
The two facilities were given the green light despite Sofia's assurances that the project was frozen until a further decision from the EU Commission.
In the document handing out a construction permit, Terzieva points out that her ministry decided to approve "preliminary implementation" of the permit.
In her words, state and public interest would suffer if such a decision is delayed any further.
The document was signed at a time the government was already in resignation.
It could be appealed within two months.
The latest developments also come against the backdrop of last week's announcement that the Ministry of Agriculture sold 359 da of land to South Stream Bulgaria earlier in July at prices well below average market price.
Westinghouse Electric Company has strengthened its Bulgarian supply chain for the Kozloduy AP1000® project, signing memoranda of understanding with seven Bulgarian companie
The European Bank for Reconstruction and Development (EBRD) has invested €50 million in the first bond issuance by Bulgaria's Eastern Europe Electric Company (EEEC)
Turkey has significantly increased its natural gas exports, with a notable surge driven by the development of the Sakarya gas field in the Black Sea
Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of Bulgarian infrastructure assets, which includes a key extension of the TurkStream gas pipeline
The liberalization of the electricity market for households — meaning that residential consumers would join the free electricity exchange where businesses have traded for years — is being postponed.
Turkey is advancing its energy strategy in the Balkans with new agreements aimed at deepening its influence in the region
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