Black Sea

Chepurin: Russia expects Serbia to support South Stream

BELGRADE - Russia's Foreign Minister Sergey Lavrov will discuss with Serbian officials the political relations and economic cooperation between the two countries, especially such important matters like the South Stream natural gas pipeline, Ukraine and Kosovo, Russian Ambassador to Serbia Alexander Chepurin has said.

Bulgarian Railway Co Prepares Varna-Bucharest High-Speed Train Project

A project for a high-speed train connecting Bulgaria's Varna to Romania's Bucharest is being prepared at the National Railway Infrastructure Company.

The first stage of the project envisages the reconstruction of the rail line Varna – Ruse, for which a tender procedure is to be called in the second half of the year, according to reports of Trud daily.

Bulgarians adjudicate most victories at Poseidon-Kaliakria Cup Regatta

Romanian sailors have won two silver medals at the first edition of the International Poseidon Kaliakria Cup Regatta, a sailing yacht competition that took place between June 11-15, organized by the Black Sea Sailing Association and the Romanian Nautical Club, in partnership with Morski Klub Balchik and Kaliakria Resort.

Investment Company Restarts Bulgaria – Georgia Ferry Line

Private investment company CSIF of Tsvetelina Borislavova is restoring the ferry line between Bulgaria and Georgia.

Through the Clever Synergies Investment Fund (CSIF), a second port in the Black Sea city of Burgas will be bought. The second port is located right next to the one purchased in 2013, according to Capital daily.

France to Carry Out Mistral Warships Contract with Russia

Two Mistral assault ships are to be sold to Russia, France's Foreign Minister Laurent Fabius announced.

The decision comes amid tensions between Moscow and the West over the Ukraine crisis.

Fabius wrote on Twitter that the contracts were agreed in 2011 and were to be executed as they would create many jobs in his country, as the BBC reported.