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    Standart: Bulgaria renegotiates the 8% interest on the loan of "South Stream - Bulgaria"

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Summary

The Bulgarian government will attempt to renegotiate the interest which the project company "South Stream - Bulgaria " will receive from the Russian side to build the eponymous pipeline.

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Press Notes

Standart: Bulgaria renegotiates the 8% interest on the loan of "South Stream - Bulgaria"

The Bulgarian government will attempt to renegotiate the interest which the project company "South Stream - Bulgaria " will receive from the Russian side to build the eponymous pipeline, Standart cites Minister of Economy and Energy Dragomir Stoynev.

He explained that the current government wants to alter some parts of the memorandum, signed by the Borisov government with the constructor Russian Gazprom, which do not correspond with Bulgaria's national interests.

One of the most important things is the financing the construction, which is directly related to the interest on the loan, which will be paid by "South Stream - Bulgaria" to Gazprom.  MORE