Bulgarians' Incomes Rise Sharply, But Spending Follows Close Behind
According to the latest figures from the National Statistical Institute, household incomes and expenses in Bulgaria continued their upward trajectory in 2024
North Macedonia expresses keen interest in reinforcing energy collaborations with Bulgaria, aiming for joint projects and synchronized legislation alignment with the European Union. Agneza Rusi Popovska, the country's ambassador to Skopje, highlighted this aspiration during a pivotal meeting with Energy Minister Rumen Radev in Sofia.
H.E. Ms. Popovska underscored North Macedonia's eagerness to purchase capacity at the "Chiren" gas storage facility, acquire a stake in the Alexandroupolis LNG terminal, and participate in the second interconnector project between Bulgaria and North Macedonia. Additionally, she emphasized the necessity of Bulgaria's assistance in harmonizing national legislation with EU standards.
Minister Radev acknowledged the recent surge in gas connectivity by augmenting the existing gas connection's capacity by 500,000 cubic meters. He accentuated the pivotal role of electricity connectivity and urged for harmonized efforts between the power exchange operators of both nations.
The dialogue between North Macedonia and Bulgaria indicates a mutual drive to strengthen energy cooperation and pave the way for shared ventures, fostering connectivity and aligning with European energy regulations.
Bulgaria has taken a significant step toward exploring its deep-sea energy potential
The two nuclear reactors from Bulgaria's Belene Nuclear Power Plant will not be sold to Ukraine
A contract for the exploration and extraction of oil and natural gas in Block 1-26 Khan Tervel, located within Bulgaria’s exclusive economic zone in the Black Sea, is being officially signed today
Bulgaria is exploring the possibility of leveraging its nuclear power capabilities to attract the IT sector, particularly in the field of artificial intelligence (AI) and data centers
Bulgaria is intensifying efforts to enhance regional energy security through the development of strategic infrastructure aimed at reducing dependence on Russian gas
The final shipment of Russian nuclear fuel for Bulgaria's Kozloduy Nuclear Power Plant has arrived
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