Bulgaria's Tourism Shifts Toward Experience-Focused Stays as Demand Grows
Tourism in Bulgaria is increasingly shifting from traditional hotel stays to more experience-focused offerings
In two years Bulgaria will be able to achieve diversification, Iliyan Vasilev, a former Bulgarian ambassador to Russia and currently an energy expert, has said.
Speaking on an event presenting a report on Russia-Turkey relations held in Sofia on Monday, Vasilev argued links with Romania and Greece could be used to this end, but denied to give further details.
"A country like ours with 2.b billion [cubic meters of gas, probably the amount consumed per annum] are so easy to diversify that it's not even worth," he declared.
Bulgaria is currently building gas links with most of its neighbors, but construction has been delayed for years.
The report prepared by Dimitar Bechev, a senior research fellow at the London School of Economics, concludes that in the long-term cooperation between Turkey and Russia in the energy sector will be marked by their diverging interests. On the present state of relations, it notes: "What we are witnessing looks more like a marriage of convenience than a fundamental realignment or the emergence of an "axis of the excluded"."
Former Energy Minister Traycho Traykov was also present on the event.
More details about the event here.
Ukraine's parliament, the Verkhovna Rada, has passed a law allowing the purchase of two Russian-made nuclear reactors originally intended for Bulgaria's Belene Nuclear Power Plant
Ukraine's parliament has given the green light for the acquisition of two nuclear reactors initially intended for Bulgaria's Belene Nuclear Power Plant (NPP)
For the ninth consecutive year (excluding 2022), the electrical industry remains the largest contributor to Bulgaria's exports, as reported by the Bulgarian Association of Electrical Engineering and Electronics (BASEL)
European natural gas prices have climbed above €55 per megawatt-hour for the first time in 16 months, driven by colder temperatures across the continent that are increasing demand for heating fuel
Serbian oil and gas company NIS, controlled by Russia’s Gazprom, is considering exiting its operations in Bulgaria and Romania due to ongoing difficulties in both markets
The Russian company Lukoil initiated the process of selling its Bulgarian assets in June last year, Prime Minister Rosen Zhelyazkov announced during a parliamentary hearing
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