The commercial exploitation of the liquefied gas terminal near Alexandroupolis, which is key to Bulgaria’s energy security, will be delayed by two months. The deadlines, set for the beginning of January, are being postponed until March, 2024, BGNES reports. The reason for the delay is the updated business plan adopted on 3 November at a meeting of the board of directors of the project company Gastrade SA which is constructing the terminal. The update had to be made because of the approval, by the European Commission, of the request by the Greek side for additional state aid for the project amounting to EUR 106.1 million. The aid is granted after a significant increase in the planned expenditure for the construction and exploitation of the facility, as compared to the projected costs.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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