AP: Bulgarian Elections Set to Influence South Stream’s Fate
Bulgaria needs ‘urgent, radical reforms’ after October 5 snap vote to achieve sustainable development like other ex-communist EU members, caretaker PM Georgi Bliznashki has said.
Bulgaria's new government will face serious challenges, comments AFP in an article entitled “Winter of discontent looms over Bulgarian election”.
Bulgarian border police have forced Syrian asylum seekers back to Turkey and has beaten some of them over the past month, a new report released by Human Rights Watch claims.
Kristalina Georgieva was among the "rare good surprises" coming from the outgoing EU Commission, the French daily Le Monde wrote Wednesday.
Bulgaria could use the situation with the South Stream project and secure the capacity to pump its own gas through the pipeline, Austrian daily Wirtschaftsblatt argues.
Expanding energy benefits, unlocking frozen EU funding and boosting energy efficiency of old buildings were the key election pledges of GERB party on Sunday, Reuters said.
‘Reasonable’ licensing fees and taxes and liberal legislation are key to Bulgaria’s ‘early success’ in generating revenue from online gaming, an industry insider has opined.
For some 200,000 individuals and businesses with deposits at Corporate Commercial Bank (KTB) “financial life has hardly returned to normal” since June, the New York Times has said.
Bulgaria and Russia are discussing the possibility of reclassifying the Bulgarian section of the South Stream gas pipeline into a field pipe to exempt it from EU restrictions.
Gas flow from Azerbaijan to Bulgaria has never been more feasible economically, but is hardly plausible from a political perspective, an Azeri think-tank believes.
Russia’s unorthodox tactics in the conflict in Ukraine have raised fears of a repeat of such tactics elsewhere in eastern Europe, including Bulgaria, the FT has said.
The crisis at Corporate Commercial Bank (KTB) is likely to delay Bulgaria’s intention to join the Eurozone event further, Euromoney magazine has reported, quoting analysts.
The future of Moscow-backed South Stream gas project “is looking increasingly murky” amidst the East-West tensions over Ukraine, the FT’s energy editor Guy Chazan has opined.
Bulgaria is grappling with an influx of refugees, mostly fleeing the war in Syria, that has caught authorities by surprise, Al Jazeera has said in a feature story.
European Commission became aware that room was made at Bulgaria's Varna harbor for pipes to be used for the construction of the South Stream gas pipeline, EurActiv notes.
Gazprom could consider another route for South Stream if the EU continued to obstruct the construction of the Moscow-backed gas pipeline, a Russian journalist has suggested.
The announcement that Bulgaria has halted work on the South Stream project “could be a bit more serious” than the previous one, a gas analyst has commented.
An analysis of the latest developments in the case of Bulgaria’s Corporate Commercial Bank by Frances Coppola has been published on the website of Forbes magazine.
International investors are not optimistic they will get their money from Bulgaria’s Corpbank after the troubled lender defaulted on a bond payment last week, the FT has said.
The risk holders of Corpbank’s dollar-denominated bond will pursue legal action against the troubled Bulgarian lender and the state has increased, Reuters has reported.
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