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Bulgaria’s government talks blow up as Mariya Gabriel withdraws bid to be PM

13:10, 25.03.2024 - Former EU Commissioner Mariya Gabriel on Monday withdrew her nomination to be the next Bulgarian prime minister, according to Politico.  Gabriel’s withdrawal capped two weeks of tortuous negotiations between her center-right GERB party and the reformist anti-corruption alliance of We Continue the Change…

Romanian President approves training Ukrainian pilots at military base

10:51, 19.03.2024 - Romania will allow the training of Ukrainian pilots at its Fetești Air Base and the transit of military equipment that Finland donated to Ukraine, President Klaus Iohannis announced on Monday, according to Euractiv. Iohannis informed parliament that he approved the transit of equipment and supplies…

Bulgarian foreign minister Mariya Gabriel agrees to form new government

14:06, 18.03.2024 - Bulgarian Foreign Minister Mariya Gabriel of the center-right GERB party agreed on Monday to form a new government, following the resignation of Prime Minister Nikolai Denkov on March 5, according to Reuters. Denkov’s resignation paved the way for GERB party to lead the government for nine months as…

Romania plans more Eurobond sales this year amid ample demand

13:31, 18.03.2024 - Romania will likely return to international debt markets later this year because of strong investor appetite for bonds, Treasury Chief Stefan Nanu said, according to Bloomberg.   The eastern European nation has already raised over $8 billion in both dollar and euro-denominated debt, Nanu said in an…

Bulgaria negotiates with Azerbaijan to boost gas supplies to Balkans, Ukraine

12:00, 05.03.2024 - Bulgaria started negotiations with Azerbaijan to increase gas supplies to Romania, Republic of Moldova and Ukraine through the future vertical Balkan gas corridor, the Bulgarian parliament’s press centre said on Monday, according to Euractiv.  Bulgarian Parliament Speaker Rosen Zhelyazkov is on an official…

Denmark closes investigation into Nord Stream explosions

14:40, 26.02.2024 - Denmark said on Monday that it was closing its investigation into the blasts on the Nord Stream pipelines transporting gas from Russia to Germany in 2022, Politico reports. “Based on the investigation, the authorities can conclude that there was deliberate sabotage of the gas pipelines. At the same…

Romania president seeks to challenge Rutte for top NATO job

11:16, 23.02.2024 - Romania notified allies on Thursday that President Klaus Iohannis was considering challenging frontrunner Mark Rutte for the NATO top job, according to Politico. Iohannis’ last-minute move comes as the biggest powers in the 31-strong alliance already declared support for Rutte over the last 24 hours,…

Romania starts E200mn dredging operation at port used for Ukraine exports

13:25, 21.02.2024 - The government of Romania has approved a decision earmarking more than RON1bn (E200mn) for dredging works in basins and navigable channels at Constanta Port, according to IntelliNews. The deepening of the port’s waters will lead to an increase in the volume of goods that will pass through the Port of…