AGP Executive Report
Last update: 24 minutes agoMilitary & Security: Prime Minister Rumen Radev said Bulgaria has exhausted its ability to supply weapons and ammunition from its stockpiles to Ukraine, while technical repairs can continue; the move echoes wider NATO strain as the Netherlands also says it has hit its limit on direct aid. Regional Diplomacy: At the Ukraine–South-East Europe Summit in Kyiv, a Kyiv Declaration was adopted by 10 countries including Bulgaria, pledging political, military, financial and security support—Serbia was the only holdout. Customs & Trade Enforcement: Bulgarian customs seized nearly EUR 5 mln in goods in the EU-wide “Pirates 4” operation, including counterfeit items, undeclared cigarettes, freon, perfume essences, gold and cash. Industry & Economy: Eurostat data show Bulgaria recorded the EU’s second-largest drop in industrial production in May (-4.7% y/y). Energy Transition & Storage: GEN-I started live commercial management of a 50 MW / 126 MWh battery storage system in Byala Slatina, Bulgaria, marking the first operational milestone of a multi-year partnership. EU Policy Pressure: Ten EU countries including Bulgaria urged the Commission to reconsider the planned carbon price on transport fuels (ETS2) as part of a broader ETS review. Macroeconomics: Bulgaria’s inflation eased to 5.4% y/y in June, with monthly deflation of 0.9%.
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