Bulgaria: Bulgargaz drowns in debt

Bulgargaz is currently facing serious financial difficulties, with projected losses for 2024 amounting to 280 million leva, according to Energy Minister Zhecho Stankov. A significant portion of this financial strain is due to growing debts to Turkey’s Botas, which have already reached 220 million leva and are expected to rise to 250 million once the…

Ukraine: government looks forward to expanding funding for “Danish model” of defence industry support

Prime Minister of Ukraine Denys Shmyhal and Minister for Finance of Denmark Nicolai Wammen discussed financial support, strengthening of bilateral trade and implementation of joint projects. The Head of the Ukrainian Government stressed that Denmark remained one of Ukraine’s key partners, having provided EUR 8.3 billion in financial assistance during the full-scale war. Denys Shmyhal…