€7.3 Billion on the Table: Is Bulgarian Business Ready for Europe’s Defense Boom?
Europe is undergoing a fundamental shift in how it approaches defense, moving beyond increased spending toward the creation of an entirely new industrial ecosystem
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The total length of the pipeline is planned to be 182 km, reported NOVA TV.
The Greek Minister of Environment and Energy Giorgos Stathakis granted the Interconnector Greece-Bulgaria (IGB Project) Installation Permit on the territory of the Hellenic Republic, ICGB AD (project company) told Trend.
The decision was made on Feb.7, said the company.
The IGB gas pipeline is designed to connect to the Greek National Gas Transmission System in the area of Komotini (Greece) and to the Bulgarian National Gas Transmission System in the region of Stara Zagora.
“ThIs key permit is an important milestone, following the already issued Installation Act for the territory of the Hellenic Republic and the corresponding construction permit that was issued in Bulgaria in September 2017. This decision, together with the acquisition of the main land plots in the area of Komotini, is a precondition for the successful start of the IGB’s construction on the territory of the Hellenic Republic,” said ICGB AD.
The Independent Natural Gas System license (INGS license), which is expected to be issued by the Greek Regulator RAE in the second quarter of 2019, constitutes the last permitting step before the start of construction works, the company.
Industrial output in Bulgaria posted a modest monthly increase in February 2026, but continued to decline sharply on an annual basis, according to preliminary, seasonally adjusted data from the National Statistical Institute.
Up to 90 percent of construction and renovation workers in Bulgaria are operating outside the legal framework, according to entrepreneur Lozan Lozanov, who raised concerns about the lack of regulation in construction and installation services
Bulgarian Agriculture Minister Ivan Hristanov has said that milk prices in Bulgaria are falling for consumers while production costs for farmers continue to rise, creating increasing pressure on the sector.
Bulgaria saw a sharp rise in labor costs at the close of 2025, with total employer expenses per hour worked increasing by 13.9% in the fourth quarter compared to the same period in 2024, according to preliminary figures from the National Statistical Insti
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