Bulgaria could still enter Schengen
Bulgaria and Romania are exploring new opportunities for entering the Schengen zone after their admission was rejected a couple of months ago.
Bulgarian president Rumen Radev announced yesterday that Sofia could enter Schengen in October.
In early March, Interior Minister Ivan Demerdzhiev announced that there had been a change in Austria's position. The European Commission and the Netherlands had agreed on steps to satisfy The Hague's request for another assessment from Brussels on the fight against corruption and the state of the rule of law in Bulgaria.
Austria and Netherlands had originally led the opposition against Bulgaria joining Schengen.
GBS will helm Chiren gas expansion on its own
The joint venture Exzalo Drilling Chiren, composed of several entities related to Bulgarian construction company Glavbolgarstroy (GBS), will exclusively lead the new project to double capacity at Chiren.
GBS has already won one of the tenders and now is taking over the second part of the building process after energy kingpin Hristo Kovachki's company dropped out.
The building foresees boosting capacity to 1 billion cubic meters and doubling the pumping capacity to 10 million cubic meters per day. The cost is estimated to be BGN 133.7 million without VAT.
European prosecutors are pursuing Kovachki for massive breaches of carbon emissions at the businessman's coal plants.
House prices rise in Q4 of 2022
House prices continued to rise in the final quarter of 2022, with a 13.4% year on year increase. Compared to the previous quarter, the increase was 0.4 percent, according to National Statistical Institute data.
On a quarterly basis, the increase in the six largest cities by population continues, with the exception of Sofia, where a decrease of 2.5% was reported.
The biggest growth is in Stara Zagora (+7.4 percent), followed by the cities of Burgas and Varna - respectively +4.7 percent and +2.1 percent.