The natural gas interconnection pipeline between Bulgaria and Turkey, which is to allow the former to receive gas supplies from Azerbaijan, will be completed by 2014. This has been promised by Bulgarian Economy, Energy, and Tourism Minister Delyan Dobrev, who spoke on BNR Saturday, after returning Friday from a state visit inAzerbaijan together with Bulgarian PM Boyko Borisov. “We took an important step [...]
April 30, 2012 | Posted in
Business |
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Bulgaria still wants to join the eurozone provided the bloc’s members obey its rules on limiting debt, Traicho Traikov, Bulgaria‘s Economy Minister, said in an interview for German media. “Provided all other eurozone states stick to the debt rules in future…entry to the currency union remains a medium-term goal for us,” Minister Traikov told German [...]
February 21, 2012 | Posted in
Finance |
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Bulgaria still wants to join the euro zone despite recent predictions that the single currency will collapse, Traicho Traikov, Bulgaria’s Economy Minister, told CNBC on Thursday. “I know now it’s fashionable to predict the end of the monetary union, but I think common sense will still dominate and it is going to survive. Of course, [...]
December 6, 2011 | Posted in
Finance |
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A newly-discovered natural gas deposit near Lovech in Northern Bulgaria contains 10 billion cubic meters of gas, Bulgaria’s Minister of Economy, Energy, and Tourism announced. Traikov said that Bulgaria will soon be able to extract about 1 billion cubic meters of natural gas per year, or about one-third of its annual consumption. He spoke Tuesday [...]
July 7, 2011 | Posted in
Energy |
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The Bulgarian government has signed a consulting contract with UK-based company HSBC for the financial analysis for the project for the construction of the Belene nuclear power plant. Bulgaria‘s Cabinet and Prime Minister Boyko Borisov in particular have made it clear that the results from HSBC’s financial appraisal of the Belene project, i.e. whether it [...]
April 15, 2011 | Posted in
Energy |
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