News archive of April 2019

Back pension pay: Government between a rock and a hard place

The Greek government is facing the consequences of complying with a four-year-old decision by the Council of State, the country's highest administrative court, that determined pension cuts kicking in in 2013, as well as the abolition of the Christmas bonus, were unconstitutional.

Bulgaria Can Import Romanian Natural Gas From Next Year

From the beginning of next year, Bulgaria will be able to import up to a billion and a half cubic meters of natural gas from Romania. This was reported during the energy conference in Sofia dedicated to alternative sources of blue fuel.

The EC Discusses Priorities For the Future of Europe in the Next Term

EU leaders, without the UK, will meet on May 9th at an informal meeting in the Romanian city of Sibiu to discuss the future of Europe. The European Commission today presented guidelines for EU development after the May and UK elections.

A 24-hour Transport Strike Was Announced in Greece on May 1

It will affect the movement of the subway, the ships and the ferries, reported NOVA TV. 

According to information from the Bulgarian Embassy in Athens on May 1, 2019, a 24-hour transport strike is announced in Greece that will affect bus, trolley, city electric rail transport as well as subway, ship and ferry traffic.

Toplofikatsia Sofia Stops the Heating in Sofia


Starting today, heating is halted in the capital, reported by Toplofikatsia Sofia, quoted by Darik News.

For this reason, the company urges customers to provide access to all dwellings, including apartments where the heaters are not used or removed.

Greece needs big bond investors to seal its comeback

As Greece readies for its next foray into international bond markets, it will be hoping to draw more big-name, mainstream asset managers rather than the hedge funds who have been its main clients in recent years.

Bulgaria’s PM Ordered a Probe into all Guest Houses Financed with EU Funds

Bulgaria's Prime Minister, Boyko Borrisov, ordered the Interior Ministry and the Prosecutor's Office to start checks into all guest houses in the country financed with EU funds. So far, the State Fund Agriculture has checked 110 guest houses and more than BGN 10 million has been been claimed forrecovery.

Bulgaria will Apply to Host Seat of European Labour Authority

The government on 30th of April approved Bulgaria's application to host the seat of the European Labour Authority, the newest European agency, which is about to start working before the end of the year, reports BNT.