Economy of Russia

The price of electricity in Europe jumped by more than 25%, according to the prices of the European Electricity Exchange, Bloomberg reports. That's about 14 times the seasonal average over the past five years. The increase in prices is due to the concerns related to the shutdown of the Nord Stream.

The leader of GERB and ex-Prime Minister, Boyko Borissov, accused former PM Kiril Petkov and former deputy PM Asen Vassilev of deliberate actions and sabotaging the supplies of American liquefied gas in Bulgaria.

According to Borissov, Petkov's office did not sign the contract and did not reserve a delivery point for unloading the tankers.

"Perhaps the negotiations with Gazprom are immoral and unpleasant, most likely Russia is not a reliable long-term partner, but we will continue our trade relations".

This was stated to BNT by the Deputy Prime Minister for the management of European funds, Atanas Pekanov.

"Things with the interconnector to Greece are under control, the whole country has been mobilized. A lot of time has been wasted, in which nothing has really been done," said at a briefing Hristo Alexiev, Acting Deputy Prime Minister for Economic Policies and Minister of Transport and Communications, Chairman of the Crisis Staff.

From November 1, Serbia will not be able to receive oil from Russia, which is delivered to the country by tankers across the Adriatic Sea and then by pipeline through Croatia. This is what Serbian President Aleksandar Vucic said to the media.

In the fifth series, Vilago reached the result for bronze by a centimeter (60.32m), but in the sixth, the experienced Barbora potkov surpassed her with 60.68.
However, Vilago immediately shows nerves of steel and in the last attempt throws an extraordinary 62.01 meters and thus reaches the silver.

The Czech government hopes to have a windfall profit tax ready to roll out at the start of 2023, a senior official suggested this week.

Ombudsman Diana Kovacheva said on Thursday that she is concerned by the information she has received from struggling households and called on Bulgaria's interim government to focus on swift action to financially support domestic customers of natural gas and companies using gas to heat residential buildings.

Azerbaijan, Turkey, Russia. Bulgaria will negotiate with companies from these countries, in this order, to ensure the necessary quantities of natural gas for the winter. This was announced by acting energy minister Rosen Hristov.

Ljubljana – Slovenia’s largest banking group, NLB, reported on Thursday EUR 287 million in profit after tax for the first half of 2022, a 105% increase year-on-year. The growth was mainly driven by positive effects related to the acquisition of N Banka, formerly Sberbank. The profit of the core bank NLB fell from EUR 77.1 million to EUR 66.9 million.