The day in 3 news: Bulgaria to sign deal with Turkey for natgas deliveries; Ivo Prokopiev wins lawsuit against Prosecutor’s Office; Majority of Bulgarian businesses support Eurozone entry

48 народно събрание парламент Росен Христов КОСТА ГЕОРГИЕВ СТОЯНОВ

The day in 3 news: Bulgaria to sign deal with Turkey for natgas deliveries; Ivo Prokopiev wins lawsuit against Prosecutor’s Office; Majority of Bulgarian businesses support Eurozone entry

48 народно събрание парламент Росен Христов КОСТА ГЕОРГИЕВ СТОЯНОВ

© Велко Ангелов


Gas supply contract with Turkey in the making

Energy minister Rossen Hristov announced that by the end of the year, Bulgaria will sign a long-term contract with Turkey for natural gas deliveries.

"I can say that this is a big breakthrough in the relations between the two countries. We have agreed on long-term cooperation and the possibility of using the Turkish liquefied natural gas terminals, as well as the transmission system," Hristov said. Currently, gas transmission system operator Bulgartransgaz has no contract for exchanging gas volumes with Turkey.

Hristov added that the contract will have a term of 13 years and includes imports of 1 billion cubic meters of natural gas, which represents about 30% of Bulgaria's annual consumption.

Ivo Prokopiev wins lawsuit against Prosecutor's Office

The publisher of Dnevnik and Capital Weekly, Ivo Prokopiev, won a lawsuit against the Bulgarian Prosecutor's Office over unfounded charges. The Sofia City Court decided that the state prosecution should pay more than BGN 40,000 for non-pecuniary damages caused by the unfounded accusation, as well as legal defense costs in the amount of BGN 4,810.

Prokopiev sued the Prosecutor's Office for unfounded charges in a money laundering case.

In March 2021, the Sofia Court of Appeal issued a final ruling which confirmed the termination of the criminal proceedings by the prosecutor's office and dropped the charges against Ivo Prokopiev, Ivan Nenkov and Konstantin Nenov for the sale of Kaolin.

Businesses support Bulgaria's Eurozone entry

According to a survey by Alfa Research polling agency, there are significant concerns among the general public about Bulgaria entering the Eurozone on January 1, 2024. Only 33% of those polled approve of Bulgaria switching to the euro, while 50% are against it.

The biggest concern is related to the risk of price increases. According to Alfa Research, the main issue is the lack of sufficient information among the population what the benefits of adopting the euro will be.

However, Bulgarian businesses are much more optimistic, with 65% approving of the planned entry into the euro area.

Gas supply contract with Turkey in the making

Energy minister Rossen Hristov announced that by the end of the year, Bulgaria will sign a long-term contract with Turkey for natural gas deliveries.

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