EU Allocates First Payment from Frozen Russian Assets to Aid Ukraine
The European Commission has made its first payment of 1.5 billion euros to Ukraine, derived from frozen Russian assets
Within the frameworks of the 4th summit in Thessaloniki, Prime Minister Boyko Borissov met with the US Ambassador to Greece Geoffrey Pyatt.
Boyko Borissov and Geoffrey Pyatt discussed the diversification of the sources and routes of natural gas supply to Bulgaria and Southeastern Europe as well as Bulgaria’s participation, as shareholder, in the construction of a liquefied natural gas (LNG) terminal near Alexandroupolis in Greece. The Bulgarian side has decided to take part with 20 percent in the capital of the project company for the construction of the terminal. Bulgargaz is currently making an analysis of the quantities of liquefied natural gas it will book within the frameworks of the second binding phase of the market test, BNR reported.
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In June, Bulgaria's services sector saw a monthly production increase of 0.6 percent, while Eurostat data showed a decline in the EU for the same period
Recent changes to the Law on Payment Services and Payment Systems regarding the adoption of the euro have raised concerns among legal experts about potential contradictions with the already enacted Law on the Introduction of the Euro
In 2023, Bulgarian tourists ranked third in terms of visits to Greece, following Germans and British tourists
In the German city of Offenbach, a small Bulgarian community has taken root, with nearly 6,000 Bulgarian residents making up about 4% of the city's population
Bulgaria ranks second globally in bread consumption, with Turkey leading the list
In the United States, Bulgaria is viewed as a risky investment destination due to its connections with Russian oligarchs and China, along with concerns over transparency that could lead American investors into costly mistakes
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023