Big Win for Bulgaria and Romania as Austria Lifts Schengen Veto!
Austria has officially announced that it is lifting its veto on Bulgaria and Romania’s accession to the Schengen Area by land
The Energy and Water Regulatory Commission has accepted the reduction in the price of natural gas supplied to Bulgaria by Russia as of the beginning of January, by 1.81 percent compared to the previous quarter of the year, BNR reported.
The change came about after the Bulgarian company Bulgargaz signed a contract with the Russian Gazprom Export on 30 December, by force of which, as of 1 January, Russian gas deliveries to Bulgaria are being made along the TurkStream natural gas pipeline across Turkey instead of across Romania. This will save over EUR 35 million a year. According to Energy Minister Temenuzhka Petkova, the drop in the price of gas could reach 5 percent later this year.
Bulgaria is expecting a boost in winter tourism this year, with about 3.1 million foreign visitors projected between December and March
Housing affordability in Sofia has improved since the pandemic, making it one of the few capitals in Central and Eastern Europe (CEE) to experience this positive trend
Thousands of Bulgarian consumers who invested in the British company BETL have reported that the company has stopped paying daily dividends and appears to have ceased its operations.
Employers' organizations in Bulgaria are urging the government to extend the compensation program for high electricity prices into 2025.
Israel has attacked locations in Syria where chemical weapons and long-range missiles are believed to be stored, aiming to prevent them from falling into the hands of adversaries, Israeli Foreign Minister Gideon Saar said today, as reported by the Associa
Oil prices increased in early Asian trading this morning after the fall of Syrian President Bashar al-Assad introduced greater uncertainty in the Middle East.
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