Bulgaria shocks Hungary, Serbia with huge transit fees on Russian gas
Bulgaria shocks Hungary, Serbia with huge transit fees on Russian gas
Serbian President Aleksandar Vucic and Hungarian Foreign Minister Peter Szijjártó have reacted strongly to Bulgaria’s decision to introduce new, huge transit fees of €10.2 per MW/h of natural gas passing through the Bulgarian extension of the Turkish Stream gas pipeline to Western Europe – the so-ca...
I suspect this is coordinated with the rest of the EU.
Hungary and Serbia were notoriously not cooperating with the sanctions regime, so this is probably the alternative legal solution.
48Is it really "not cooperating" if you're just not in the block in the first place?
2They're taking a few billion in aid from the EU on their path to joining so I think cooperating is a good term here.
Blockbloc24Unfortunately for the EU, Hungary is part of of block.
Regarding Serbia, if you're applying, you should behave like a perfect member. Croatia and Estonia are notoriously known to have implemented EU directive as candidates, before the directive were even voted.
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Well, if I was Bulgaria I would also want to pay off this pipeline ASAP, in the current environment it's a high risk investment.
Bulgaria expects the new transit fees to generate additional revenues of €1.2 billion. The new fee is so high that it will pay off the construction of the Balkan Stream gas pipeline in just one year.
36Awesome, good on Bulgaria!
25Based fuck Hungary and Serbia. They should increase transit fees even more.
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