ECONOMY

Radev speaks of Bulgaria’s ‘strategic axis of stability’ with Greece

Radev speaks of Bulgaria’s ‘strategic axis of stability’ with Greece

“Bulgaria and Greece form a strategic axis of stability which provides stability and perspectives for sustainable development and growth for the entire region,” President of the Republic of Bulgaria Rumen Radev said in an interview with the Athens-Macedonian News Agency.

Radev paid a visit on Monday to the 87th Thessaloniki International Fair (TIF), where Bulgaria is an honored country, and met with President Katerina Sakellaropoulou.

The president of Bulgaria describes the bilateral relationship as “never having been better”, highlighting collaboration in a series of economic sectors such as in energy, and underlines his country’s interest in the development and management plans for the ports of Kavala and Alexandroupolis, especially in light of the blocked trade routes in the Black Sea, due to the war in Ukraine.

He also points out that Bulgaria and Greece are not competitors in terms of the role of an energy hub in the region but “close, trusted reliable partners”, and he also refers extensively to a series of projects of key importance that are either already implemented or in a process of implementation (IGB, FSRU, Sea2Sea, the Burgas-Alexandroupolis oil pipeline, and others). President Radev also notes that Greece cannot fully unleash its potential in energy, transport, and many other areas without Bulgaria, therefore the two countries need to stand together.

[AMNA]

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