Grand Croix of the Légion d'honneur

France vows economic reforms to continue after debt downgrade

France will go ahead with structural reforms to overhaul its economy after credit ratings agency Fitch downgraded the country's debt worthiness, Finance Minister Bruno Le Maire has told AFP.    

Fitch downgraded France's debt worthiness a notch to "AA-" from "AA" on April 28, claiming the country's "fiscal metrics are weaker than peers".    

Greece a commercial, energy hub

It would be an "unfortunate by-product" if Russia and China became closer as a result of the war, United States Ambassador to Greece George Tsunis said of the Russian invasion of Ukraine during a conversation with the editor of Kathimerini English Edition, Tom Ellis, on the second day of the Delphi Economic Forum, during which he also stressed the country's significance to the US and NATO.

Bulgaria concluded a Memorandum of Cooperation with Gas Transmission Operators from 4 Countries

On the initiative of Bulgaria, a contract was signed today in Sofia between the operator of the gas transmission system "Bulgartransgaz", as well as the relevant companies in Romania ("Transgaz"), Hungary (FGSZ), Slovakia ("Eustream"), as well as the state oil company of the Republic Azerbaijan ("SOCAR")

Azerbaijan plans to Double Gas Supplies to Europe by 2027

Azerbaijan plans to double natural gas supplies to Europe by 2027, said the President of Azerbaijan Ilham Aliyev in Sofia. He is a special guest at the signing ceremony of a memorandum on the Solidarity Ring initiative, which aims to increase the security of natural gas supplies to the European Union. The event is hosted by President Rumen Radev.

The Azerbaijan Oil and Gas Company will open an office in Bulgaria

The President of the Republic of Azerbaijan Ilham Aliyev is arriving in our country tomorrow at the invitation of the Bulgarian Head of State Rumen Radev.

The two will attend the official opening of an office of the State Oil Company of the Republic of Azerbaijan (SOCAR) in Sofia.

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