Jean-Claude Juncker: The Risk of a No Deal Brexit Remains Very Real
The UK's risk of leaving the EU without an agreement remains very real.
EC President Barroso has told Prime Minister Oresharski that the EC will take action against Bulgaria due to non-observance of EU rules in the South Stream agreements.
Barroso came up with the statement despite assurances on the part of the Bulgarian Prime Minister that the country would comply with the recommendations of the EC on the Energy Act amendments, according to reports of the Bulgarian National Radio.
The Energy Act changes concern the application of EU law on the local South Stream pipeline section.
Barroso announced that he had told heads of state and governments that the EC found that some of the agreements on the South Stream gas pipeline which had already been signed or were being negotiated ran against EU rules and the EC would take the necessary steps to remedy the situation.
He reiterated the stance at a meeting with Plamen Oresharski.
"We have to guarantee that internal market provisions are observed because we believe that in this case we are exposing the energy security of Bulgaria and the EU to risk," Barroso said, stressing that the EC had been following the situation in Bulgaria for months and was fully aware of it.
Barroso underscored that the EC would respond to any breaches of internal market provisions, adding that the agreements Bulgaria had reached or signed were a case in point.
He noted that it was essential for the European Union to be united on the matter of energy security.
The informal sitting of the European Council on May 27 was devoted to the nominees for a new President of the EC.
The price of natural gas in Bulgaria is expected to rise by nearly 11% in December, reaching 76 leva per megawatt-hour before taxes and additional charges
The resignations pose a serious risk of prolonged power outages in ten regions just before the holiday season
The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 50 million euros for Tenevo Solar Technologies EAD to build and operate a solar photovoltaic plant in southeastern Bulgaria
The owner of the Burgas-based oil refinery, Lukoil Neftohim, through its parent company Litasco
Russian energy giant Lukoil has announced plans to sell its largest asset in the Balkans
On November 5, 2024, Westinghouse Electric Company, Hyundai Engineering & Construction Co., and "Kozloduy NPP - New Powers" EAD signed a contract in Sofia to initiate engineering services
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023