Électricité de France

DW: Strife over South Stream

The article is from Deutsche Welle

Bulgaria has yielded to pressure from Europe and indefinitely halted work on the Russian gasline project South Stream. But experts believe the decision may do more harm than good for the government in Sofia.

'Loan Deal' Also Sealed with Russia on South Stream - Reformists

Bulgaria struck a financial agreement with Russia alongside a secret deal on the construction of South Stream, a Reformist Bloc representative said Friday.

Martin Dimitrov's comments come a day after other bloc members alleged that they had gained access to evidence of a "secret deal" with Gazprom on the South Stream project.

South Stream Project 'Not Frozen' - Parliament Speaker

Bulgarian Parliament Speaker Mihail Mikov argued Prime Minister Oresharski had been misinterpreted when speaking about South Stream.

Mikov told the Bulgarian National Radio the construction of the pipeline had not been halted. He added that Plamen Oresharski could not have stopped the project, as he does not possess the competences to do so with a private company like South Stream.

Serbia Stops South Stream Gas Pipeline Too

Serbia has to postpone the South Stream gas pipeline construction works after Bulgaria's decision to suspend work on the project, according to Serbia's Deputy Prime Minister.

In an interview for Serbian newspaper Blic, Zorana Mihajlovic specified that Serbia was to wait for the conclusion of talks between Bulgaria, Russia and the European Commission.

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