Bulgarian President calls for starting construction of European Energy Union from the Balkans

The construction of the European Energy Union is crucial to deepening the European integration process and increasing the energy security of all EU member states, Bulgarian President Rossen Plevneliev said in talks with Maroš Šefčovič, the European Commission responsible for energy union.

Šefčovič praised Bulgaria’s achievements in the past year to build a national energy exchange and the efforts that the country had undertaken to complete liberalisation of the electricity market, according to a statement by the Bulgarian President’s office after the Plevneliev-Šefčovič talks in Munich on February 13.

Plevneliev said that a key priority for the countries of South Eastern Europe was the diversification of sources and supply routes of energy resources.

“Energy dependence of the region is its greatest vulnerability,” Plevneliev said, calling on the European Commission to give logistical and financial support to the development and modernisation of energy infrastructure in the region.

For the full story, please click here.