Bulgaria: protests erupt over agriculture agreement

As tensions simmer in Bulgaria’s agricultural sector, a divide emerges among farmers following the signing of an agreement with authorities. While some have opted for dialogue, others are staging roadblocks across the country, signaling ongoing discontent. The recently brokered agreement outlines the categorization of farms into three tiers based on size and proposes an annual…

Bulgaria: energy security strategies explored with U.S. Officials

Bulgarian Ministers Rumen Radev of Energy and Assen Vassilev of Finance have recently engaged in high-level talks with US Secretary of Energy Jennifer Granholm in Washington, D.C., focusing on critical energy issues. The meeting underscored the importance of bilateral cooperation in nuclear technology, energy diversification and enhancing energy security. Central to the discussions was Bulgaria’s…

Bulgaria: energy crisis looming by 2038

Energy expert Ivan Hinovski has issued a stark warning about Bulgaria’s future energy prospects, highlighting the imminent threat of losing all base capacities until 2038. Hinovski emphasized the critical importance of securing the agreement for the seventh unit of the Kozloduy Nuclear Power Plant (NPP) to ensure a reliable energy source in all weather conditions.…

Bulgaria: prices to fall in order to join Eurozone

To meet the criteria for entering the Eurozone, Bulgaria is gearing up for a significant shift in its economic landscape, with prices expected to witness a downward trend in the coming months. The key condition for Bulgaria’s entry into the Eurozone is maintaining inflation within a specific range. Specifically, the inflation rate in Bulgaria’s consumer…