Sat, Nov 21 2009
POWER GAMES: President Georgi Purvanov, right, envisaged that the person standing next to him when this photograph was taken would be Russian prime minister Vladimir Putin. Instead it was Russian energy minister Sergei Shmatko, as Putin stayed away from Purvanov’s energy forum because of differences over South Stream.

Proposed regulation would strengthen the existing EU system for gas supply security by ensuring that all member states and their gas market players take effective action well in advance to prevent and mitigate the consequences of potential disruptions to gas supplies, the EC says.
The intergovernmental agreement for the Nabucco natural gas pipeline will be signed in Ankara on July 13, it emerged on July 3.
Two-horse race between EU-backed Nabucco and Russia’s South Stream pipelines looks to be heating up, but hurdles remain in the way of each project
Russia’s EU Trojan horse makes a change, as Bulgaria seems to have learned a lesson from January’s gas crisis - Europeanise its energy resources.
Strong public opposition to price hikes prompted Prime Minister Boiko Borissov to axe the Finance Ministry proposal to increase the excise duty on spirits, but MPs have put it back on the agenda.
Bulgaria’s Cabinet seeks to reverse recent changes in the telecommunications sector
Kremikovtzi’s prospects for a recovery plan appear increasingly distant
Bulgarians are getting the hang of debit and credit cards, MasterCard says
The two telecoms, both set up to challenge former fixed-line state monopoly BTC, will merge operations and expect to report 20 million euro in revenue and a gross profit of five million euro in 2010.