European Parliament Passes Law to Restrict Cash Payments to €10,000
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
Russian gas giant Gazprom has released a statement responding to news that the European Commission has launched an anti-trust investigation against the company.
Gazprom stresses that it strictly abides by all national and European regulations in the territory it operates, something it argues is of top priority.
The company says that it learned about the probe from the EC's website, rather than being officially informed, and said it hoped it legal interests and rights will be safeguarded.
"The opening of proceedings does not imply that Gazprom has acted in breach of the EU competition rules," reads the statement.
The gas giant has further not failed to mention that as a state company it has the full support of Russia, even going beyond that.
"Gazprom is a business entity empowered, according to the legislation of the Russian Federation, with special social functions and a status of a strategic organization," says the statement.
The company recalls that it has always been in good dialogue with the European Commission and expresses hopes that this will continue.
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The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022