EU: A Ruble Account with Gazprombank Violates the Sanctions

How will Europe pay for gas from Russia - in euros, dollars or rubles? In recent days, information has emerged that Germany and Italy have agreed to pay for Russian gas to Gazprom in rubles and will not stop their supplies. This is not true.

Business » Energy | May 24, 2022, Tuesday // 10:17 | Viewed: 1312

EC: Bulgaria should Reduce its overall Dependence on Fossil Fuels and their Imports

Bulgaria should reduce its overall dependence on fossil fuels and their imports by accelerating the development of energy from renewable sources - this recommendation is contained in the spring package of the European Semester announced today

Business » Energy | May 23, 2022, Monday // 17:32 | Viewed: 1326

30% of all Liquefied Gas supplies to Greece are for Bulgaria

A historic record for the liquefied natural gas terminal on the Greek island of Revithoussa, near the capital Athens, is expected in June, the Greek newspaper Kathimerini reported

Business » Energy | May 23, 2022, Monday // 17:25 | Viewed: 1456

Bulgaria’s Finance Minister: Gas Stations are Using the Moment to Make more Profit

"Gas stations are using the moment to make a little more profit." Thus, the Deputy Prime Minister and Minister of Finance Asen Vassilev commented the fuel prices situation on Nova TV

Business » Energy | May 21, 2022, Saturday // 12:26 | Viewed: 2542

Italy and Germany have allowed use of Accounts in Rubles for Russian Gas

Germany and Italy have told their companies after discussions with the EU that they can open ruble accounts to continue buying Russian gas without violating sanctions against Moscow

Business » Energy | May 21, 2022, Saturday // 09:58 | Viewed: 3012

Russia Cuts Off Finland's Gas on Saturday

Russian gas flows to neighboring Finland will stop on Saturday morning, Finnish state gas operator Gasum was quoted as saying by Reuters

Business » Energy | May 20, 2022, Friday // 15:30 | Viewed: 2101

At least 80%: The EU Obliges its Members to Stock up on Gas

The European institutions have agreed to oblige EU countries to maintain gas reserves to ensure their energy security due to uncertainties over Russia's fossil fuel supplies to Europe

Business » Energy | May 20, 2022, Friday // 15:11 | Viewed: 1803

Ambassador of Azerbaijan: We are Committed to Bulgaria's Energy Security

Azerbaijan is already a reliable and long-term energy partner of Bulgaria. In 2013, an agreement was signed between the two countries for 25 years

Business » Energy | May 20, 2022, Friday // 13:05 | Viewed: 1772

PM on Natural Gas: Bulgaria's Firm Step has Helped the Entire EU

“I do not think that Russia can afford to lose the whole European Union. Bulgaria's firm first step helped the whole Union to take the same strong position.”

Business » Energy | May 20, 2022, Friday // 12:37 | Viewed: 1921

Bitcoin with a Price over 30 Thousand Dollars

Bitcoin rose above $30,000 on Thursday as cryptocurrencies sought direction but failed to recover from huge losses in the past two weeks

Business | May 20, 2022, Friday // 10:38 | Viewed: 1659

PRWeek named Maxim Behar the Best PR Professional in Europe

Maxim Behar was announced today by the American magazine PRWeek as the best PR professional in Europe. He is the CEO of the leading PR company M3 Communications Group, Inc., as well as the President of the World Communication Forum in Davos, Switzerland

Business | May 19, 2022, Thursday // 16:38 | Viewed: 1790

Bulgaria: 28% of People of Working Age are out of the Labor Market, Unemployment is 4.9%

4.9% unemployment in Bulgaria is reported by the National Statistical Institute. The level is 1.4% lower than in the first quarter of 2021

Business | May 19, 2022, Thursday // 13:16 | Viewed: 1783

Bulgaria is among the Seven Countries with Growth in Car Sales for the Quarter of 2022

Bulgaria is among the seven EU countries that reported growth in sales of new cars in the period January - April, according to the European Automobile Manufacturers' Association (ACEA

Business | May 18, 2022, Wednesday // 18:29 | Viewed: 1973

Goldman Sachs has lowered China's Growth Forecast for 2022 to 4%

Analysts at Goldman Sachs said on Wednesday they were lowering their GDP forecast for China to 2022 to 4% from a previous 4.5% expansion estimate

Business » Finance | May 18, 2022, Wednesday // 14:05 | Viewed: 1840

Cherries from Greece and Turkey are expected to Flood the Market in Bulgaria

The year will be good for cherries, apricots and plums, but the challenge is that this is set to apply to other countries as well

Business » Industry | May 17, 2022, Tuesday // 17:30 | Viewed: 3419

Bulgaria: Annual Inflation in April was 14.4%

Inflation for April compared to March was 2.5 percent, according to the National Statistical Institute. Inflation since the beginning of the year (April 2022 compared to December 2021) is 7.8 percent, and annual inflation for April 2022 compared to April

Business » Finance | May 17, 2022, Tuesday // 12:26 | Viewed: 2145

The EC Forecasts Inflation of nearly 12% for Bulgaria

The growth of the Bulgarian economy will slow down to 2.1% in 2022 and 3.1% in 2023. This is stated in the spring economic forecasts of the European Commission, released on Monday

Business » Finance | May 16, 2022, Monday // 17:57 | Viewed: 2764

How much have Incomes and Expenses Increased in Bulgaria in a Year

In Bulgaria, expenditures in the first quarter of this year increased by an average of 13.3% and incomes increased by an average of 9.6%

Business » Finance | May 16, 2022, Monday // 16:58 | Viewed: 2629

Bulgaria: Is Inflation Galloping?

In the last half-year, the phrase "galloping inflation" has been persistent. It is used not only by opposition politicians in their efforts to accuse the Bulgarian government of failing to address the issues but also by business representatives who are pu

Business » Finance | May 16, 2022, Monday // 08:59 | Viewed: 3175

Bulgartransgaz: We will Not Stop the Transit of Russian Gas

“Although Russia has stopped the supply of natural gas to Bulgaria, our country will not stop the transit of Russian gas to Serbia, Greece and North Macedonia”. This was stated by Vladimir Malinov, Executive Director of Bulgartransgaz.

Business » Energy | May 15, 2022, Sunday // 13:35 | Viewed: 2592

Study: In Three Years, Electric Trucks will be a Cheaper option than Diesels in Europe

Study finds more stringent EU emissions targets are required to decarbonise road freight transport by 2050

Business » Energy | May 15, 2022, Sunday // 09:53 | Viewed: 3549
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