Presidents of Bulgaria, Hungary Confirm Support for South Stream
Wednesday, 12 November 2014
The establishment of a regional gas market among the Visegrad Group members boosts energy security in Central Europe and helps Bulgaria to diversify supplies, President Rosen Plevneliev has said.
Bulgaria's head of state made his remarks while meeting his Hungarian counterpart János Áder, who is on a two-day official visit to Bulgaria.
The Visegrad Group comprises the Czech Republic, Poland, Slovakia, and Hungary.
Both countries support the construction of the South Stream gas pipeline, Áder and Plevneliev announced at a press conference after their meeting.
Plevneliev told Áder security of gas supplies to Europe rises predictability from the investors' point of view.
Áder, for his part, restated the support Budapest throws behind Bulgaria with regard to its Schengen bid, the Bulgarian President's press office informs.
The two heads of state also discussed opportunities to enhance economic and trade partnership.
In Plevneliev's words, Bulgaria and Hungary could set up joint ventures to produce and offer the output to third countries.