Natural resources

Gazprom is ready to comply with EU rules to end a five-year antitrust case and avoid fines, the bloc's competition commissioner said yesterday, signaling a thaw in business ties between Moscow and Brussels despite tensions over Ukraine.

The European Commission will conduct a market survey before deciding finally whether to fine Russian company Gazprom or make a deal with it, stated European Commissioner for Competition Margrethe Vestager.

There is enough water in the dams for electricity production, water supply and irrigation, announced outgoing Environment Minister Ivelina Vasileva.

Russia's Gazprom said on Dec. 27 it had filed proposals with the European Commission aimed at resolving a five-year EU case over the Russian gas giant's alleged monopoly practices.

The ancients of the Neolithic era 8,500 years ago might have been "painting the town red" a whole lot earlier than over-exuberant revelers of the 1800s, according to new findings from the Yeşilova Mound in İzmir, which suggest red was the favorite color of the prehistoric inhabitants and was used extensively.

The agenda on food security and agriculture, as well as fight against climate change, hunger and poverty, can only be implemented through a global cooperation, according to the director of The Food and Agriculture Organization (FAO) of the United Nations, José Graziano da Silva.

Romania is to invest 550 million euro in rehabilitating its largely disused irrigation network, covering 750,00 hectares by 2020, with most of the money coming from the European Union.

Gazprom halted gas deliveries to Ukraine on Wednesday and said it won't resume supplies until Kiev makes a pre-payment.

Romanian farmers could receive compensations from the state budget this year, to the extent to which the drought damages the crops, unless the European Commission rejects this measure, Minister of Agriculture and Rural Development, Daniel Constantin, informed on Monday.

Paradise-like waters, deep blue or turquoise, pink sand, and a backdrop of a wild bushy nature. This is Balos, a beach in southwestern Crete which has become the talk of the proverbial town amongst tourists and international media. Business Insider recently praised the beach as one of the world’s hidden jewels.