Borissov: 'We Did Everything We Could'
GERB leader Boyko Borissov expressed his perspective on the recent negotiations surrounding the formation of a government, highlighting the challenges and compromises faced during the process
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The US State Department expressed its strong opposition to the Turkish-Russian TurkStream gas pipeline saying that together with the Nord Stream 2 they undermine the European energy security and serve only the Russian interests.
“The United States continue to oppose the Nord Stream 2 and the second line of TurkStream,” a unnamed State Department official told the Greek website Hellas Journal.
“We believe the Nord Stream 2 and the TurkStream do nothing to advance Europe’s energy security goals and would provide Russia another tool for the political and economic coercion of European countries, especially Ukraine,” the official added.
“Russia understands that these projects are dividing Europe, and is using that to its advantage,” the official was quoted as saying.
Russian President Vladimir Putin and Turkish counterpart Recep Tayyip Erdogan inaugurated the TurkStream project at a ceremony in Istanbul on Wednesday.
TurkStream gas pipeline carries Russian natural gas to southern Europe through Turkey, while the Nord Stream 2 pipeline carries gas through the Baltic Sea.
Russian gas producer Gazprom will ship about 3 billion cubic meters (bcm) of gas per year to Bulgaria via TurkStream, replacing a route that formerly passed through Ukraine and Romania. Gazprom shipped about 3 bcm to Greece and about 500,000 mcm to North Macedonia via that route last year, Reuters has reported.
Russia is building TurkStream in two pipelines, each with an annual capacity of 15.75 bcm. The first pipeline will supply Turkey and the second will extend from Bulgaria to Serbia and Hungary, Reuters said.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
According to the National Statistical Institute, the overall business climate indicator in March 2024 remains stable compared to February, hovering around 23%
The concessionaire company Fraport Twin Star Airport Management announced that Burgas Airport will kick off the active flight season with its first flight since Bulgaria's entry into the Schengen area by air, scheduled for the end of March.
During debates on a draft decision concerning the Bulgarian Energy Holding, Minister of Finance Asen Vassilev announced that Bulgaria is on the brink of entering the Eurozone as it meets the inflation criterion
"Bulgarian Railways" (BDZ-Passenger Services EOOD) has inked a contract with Deutsche Bahn for the supply of 76 state-of-the-art passenger wagons
After nearly a decade-long absence, the renowned French retail chain Carrefour has made a triumphant return to Bulgaria, marking its comeback with the opening of two supermarkets in Sofia
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022