Section: Novinite (Bulgaria)
Bulgaria’s Foreign Minister, Serbian Counterpart Discuss Joint Projects
Bulgarian Foreign Minister Daniel Mitov and his Serbian counterpart Ivica Dacic discussed Friday in Belgrade issues of mutual interest related to the implementation of joint energy and transport projects and opportunities for expanding economic cooperation. Mitov and Dacic agreed that a joint sitting of the governments of Bulgaria and Serbia had...
Sudden Decrease in Bulgarian Wine Exports to Russia
Bulgarian wine exports to Russia have marked a considerable decrease. In the words of Krasimir Koev, head of Bulgaria’s Execute Agency on Vine and Wine (EAVW), the main reasons are the tragic events in Ukraine as well as the devaluation of the Russian ruble, as reported by the Argumenti Nedeli daily. Koev noted that up until 2014, half of...
Russia’s Stroytransgaz to Build Gas Pipeline in Macedonia
Russian company Stroytransgaz will start building a gas pipeline in Macedonia that would link the Balkan country’s gas network system to neighbouring Greece. Stroytransgaz had been commissioned for the construction of the section of Russia-led South Stream gas pipeline in Macedonia’s eastern neighbour Bulgaria. However, it pulled out...
IMF Approves New USD 17.5 B Funding Plan for Ukraine
The International Monetary Fund (IMF) has approved a new USD 17.5 B financial aid package for Ukraine to help the country stave off collapse of its economy. The new funding plan replaces the existing two-year USD 17 B aid programme from April 2014 that proved inadequate to stabilize Ukraine’s finances as the country fights an insurgency by...
NATO Secretary General Accuses Russia of Continued Presence in Ukraine
NATO Secretary General Jens Stoltenberg accused Russia of its continued presence in Ukraine and called Moscow to withdraw all its forces and end its support for separatists in eastern Ukraine. This statement came after a meeting of NATO’s senior military commanders at the Supreme Headquarters Allied Powers Europe (SHAPE) in Mons, Belgium on...
Russia Retracts from Treaty on Conventional Armed Forces, Collaborates with North Korea
Russia announced Wednesday it would stop its participation in the Joint Consultative Group and in particular of the Treaty on Conventional Armed Forces in Europe. The agreement was signed back in 1990 among the members of the 16 NATO state members and the six Warsaw Pact countries. The document outlined the limits to military forces in Europe, as...
Spain Sees No Need for EU to Expand Russia Sanctions
There is no ground for the EU to expand its sanctions against Russia over Ukraine as the latest Minsk truce holds, Spanish Foreign Minister Jose Manuel Garcia-Margallo said on Tuesday. EU sanctions against Russia imposed over Moscow’s involvement in the conflict in Ukraine have hit the Spanish economy hard, particularly the agriculture...
EU to Provide More Funding to Ukraine, Russia Seeks Sanctions Alleviation
The EU intends to provide a new financial aid package to Ukraine estimated at EUR 110M in 2015. The statement was made by European Commissioner for European Neighbourhood Policy and Enlargement Negotiations, Johannes Hahn, TASS news agency reported. He said that the larger portion of the sum will be utilized to assist the private sector in the...
EU Funds Ukraine, Russia Seeks Sanctions Alleviation
The EU intends to provide a new financial aid package to Ukraine estimated at EUR 110M in 2015. The statement was made by European Commissioner for European Neighbourhood Policy and Enlargement Negotiations, Johannes Hahn, TASS news agency reported. He said that the larger portion of the sum will be utilized to assist the private sector in the...
Germany to Assist Bulgaria in Implementation of Key Reforms – Steinmeier
Germany is ready to help Bulgaria implement the necessary reforms, according to Foreign Minister Frank-Walter Steinmeier. Speaking after a meeting in Sofia with his Bulgarian counterpart Daniel Mitov, Steinmeier suggested that Bulgaria had to work to improve the investment climate. “Bulgaria and Germany need each other in Europe. We need...
