Deputy Minister of Energy Iva Petrova forecasts that high energy prices would dominate the market at least until 2023. During the Sofia Economic Forum, she said that the government's efforts after the suspension of gas deliveries from Russia were aimed at providing and guaranteeing alternative sources. At the same time, support continues to be provided for the completion of important infrastructure projects, including the Bulgaria-Greece gas link, the liquefied gas terminal in Alexandroupolis, and the Chiren gas storage expansion project, the deputy minister added.
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
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