Prime Minister Rosen Zhelyazkov has reaffirmed that the “Balkan Stream” pipeline remains a functional and commercially viable energy project, despite the latest push by the European Commission to end Europe’s dependence on Russian gas. Zhelyazkov stressed that the pipeline was not politically driven, but rather a well-structured business initiative that contributed significantly to energy security…
The Gas Transmission System Operator of Ukraine (GTSOU), under the coordination of the Ministry of Energy of Ukraine, is working to expand routes for additional gas imports to Ukraine, as well as to ensure its transportation through the Ukrainian GTS to Central and Eastern Europe. In particular, GTSOU, together with the GTS operators of neighboring…
On June 18, the Power4JustTransition Programme, implemented in Ukraine by Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Affairs and Energy, officially started its work. As part of the official launch, the Ministry of Environmental Protection and Natural Resources signed a Memorandum of Understanding with German partners…
Wizz Air has launched a new flight connection between Sofia and Krakow, Poland. The carrier now offers flights on this route three times a week – on Mondays, Wednesdays and Fridays. Tickets are available through the airline’s website and the airline’s mobile app, starting from BGN 50.99. The new Sofia-Krakow flights began on June 16.…
Latvia’s government has agreed to offer Estonia and Lithuania the opportunity to purchase shares in Latvian airline airBaltic. Minister of Infrastructure Kuldar Leis (Reform) said no decision would be made until a concrete offer was put forward. While the idea has been raised before, this is the first time the Latvian Ministry of Transport has…
Bulgaria has secured an additional 300 million leva in debt from the domestic market, according to the results of the latest government securities auction held by the Bulgarian National Bank (BNB). This is the first bond issue following the favorable assessments from both the European Central Bank and the European Commission regarding Bulgaria’s progress toward…
The Government of Ukraine has adopted a number of decisions to support businesses under the “Made in Ukraine” programme. Prime Minister of Ukraine Denys Shmyhal announced this during a session of the Cabinet of Ministers on June 18. “The first decision is to create an option for construction contractors to submit documents for the start…