Hungary, Bulgaria discuss energy cooperation

History

Presidents János Áder of Hungary and Rosen Plevleniev of Bulgaria discussed linking electricity grids, diversifying gas imports, Bulgaria's accession to the Schengen zone and migration at talks in Sofia yesterday. 

At a joint press conference, Áder said that the two countries should jointly consider options during the institutional reforms of the European Union. The president added that he saw especially good chances for cooperation in agriculture. He noted that two-way trade is now over €1 bln annually.

Plevneliev underlined the importance of Visegrád Four partnership, and expressed the wish of Bulgaria joining the group. Speaking about the planned South Stream gas pipeline, Plevleniev said that there is a concensus in Bulgaria about the necessity of the pipeline. There are two criteria that should be met, however. One is that the project must be put in line with European standards and the other is that the investment should be recoverable, he said.

ADVERTISEMENT

Business, consumer confidence improves - Századvég Analysis

Business, consumer confidence improves - Századvég

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.