Serbia, Hungary, and North Macedonia have formed a coalition against Bulgaria over the recent introduction of an energy tax affecting the transit of Russian gas. The move, initiated by Bulgaria on October 13, has sparked significant regional tension, prompting Serbia to engage with the Secretariat of the Energy Union within the European Union, announced Serbian Minister of Energy Dubravka Djedovic Handanovic following discussions with Hungarian Foreign Minister Peter Szijjártó in Belgrade.
The imposed tax, set at BGN 20/mWh, affects the transmission and transit of Russian natural gas through Bulgaria, particularly concerning the Balkan Stream gas pipeline. This pipeline is crucial for the transfer of Russian gas to Serbia and Hungary through Bulgarian territory, extending from the Turkish Stream.
Both Djedovic and Szijjártó emphasized their nations' need to protect their respective positions and discussed potential measures to address the issue, deeming Bulgaria's step unacceptable and a threat to energy supply within the EU.
In response to the tax, Djedovic mentioned plans to secure an alternative gas export from Azerbaijan through an interconnector with Bulgaria, anticipated to be operational by the end of November, as construction is set to conclude soon.
Moreover, Serbian Prime Minister Ana Brnabić and Macedonian colleague Dimitar Kovachevski conveyed joint efforts between Belgrade and Skopje to resolve the issue. Similarly, Hungary and North Macedonia agreed to coordinate actions against the tax, branding it as illegal, as expressed by Kovachevski.
The ongoing discussions gained visibility when Macedonian Prime Minister met with Serbian President Aleksandar Vucic during the Second International Wine Fair. Vucic released a video featuring Kovachevski and Montenegro President Jakov Milatovic singing a Serbian song titled "I want wine to go crazy," reported BGNES.
After Bulgaria adopts the euro, the highest risk of speculative price increases will likely come from mobile operators and electricity distribution companies
Bulgarian National Bank (BNB) Governor Dimitar Radev addressed recent media reports regarding his comments on Bulgaria’s convergence reports related to joining the eurozone
Romanian nationalist politician George Simion, who lost the second round of Romania’s presidential election, announced his intention to challenge the result in the Constitutional Court
In the village of Ristovac near Vranja in southeastern Serbia, a ceremony was recently held in remembrance of what is referred to locally as the “Bulgarian atrocities” of 1917
Nicusor Dan has been declared the winner of Romania's presidential election, securing 53.6% of the vote in the runoff against nationalist George Simion
North Macedonia’s Prime Minister Hristijan Mickoski made it clear at a press briefing in Skopje alongside European Council President Antonio Costa that constitutional changes to include Bulgarians won’t happen without tangible progress from Bulgaria
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase
Bulgaria news
Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News."
Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria.
Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper.
News Bulgaria