Supermarket Protest in Romania Triggers Counter-Movement
A consumer boycott targeting large retail chains is gaining traction in Romania, mirroring similar price-related protests in other Balkan countries
US energy giant Chevron is quitting shale gas exploration in Romania after prolonged anti-fracking protests.
Romania was the last shale gas project of Chevron in Europe.
Last month Chevron made clear that it was suspending shale gas exploration activities in Poland, while last year the company terminated this type of activity in Lithuania and Ukraine.
“That leaves Romania, where we are in the process of relinquishing our concession interests,” a Chevron Spokesman was quoted as saying by the Wall Street Journal.
The representative of the US energy giant did not specify the reasons for the decision to withdraw from Romania.
The company is yet to make an official announcement about leaving Romania, where it holds four shale concessions.
The move was welcomed by local anti-fracking activists, who warned, however, that there were a number of companies that still had valid permits.
In end-January, Chevron, the second largest energy company in the US, declared that it would spend USD 35 D on capital and exploratory investments in 2015, down by 13% from 2014.
Macedonian Prime Minister Hristijan Mickoski raised questions in parliament about the inclusion of Bulgarians in North Macedonia's constitution while there is no similar requirement for Albania
Konstantinos Tasoulas has been elected as the new president of Greece
Romania’s President Klaus Iohannis announced his resignation on Monday, February 10, stating that he was stepping down to prevent the political crisis that would follow his possible suspension by Parliament
Kosovo's Prime Minister Albin Kurti, leading the Self-Determination Movement (Vetevendosje), has secured a victory in the country's recent parliamentary election.
Seismic activity near Santorini remains intense, with more than 6,400 earthquakes recorded in the past ten days
Over the past few days, more than 700 earthquakes have been recorded in the Cyclades region, particularly affecting the islands of Santorini and Amorgos
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability