The National Assembly voted, at second reading, to give the go-ahead to cooperation with the US for the construction of reactors 7 and 8 of the Kozloduy Nuclear Power Plant.
Before the vote in plenary, the bill for the ratification of the agreement between the governments of Bulgaria and the US for cooperation under the project for the construction of nuclear capacities at NPP Kozloduy and Bulgaria’s civil nuclear power programme, was adopted at the parliamentary energy committee with the support of GERB/SDS, We Continue the Change/Democratic Bulgaria (PP/DB), the Movement for Rights and Freedoms and There Is such a People (ITN).
The agreement was signed in Sofia on 12 February, 2024. By force of another decision, parliament mandated the holding of negotiations, by 15 April, between Kozloduy NPP-New Capacities and Hyundai Engineering & Construction Co., Ltd. for the construction of the new reactors using Westinghouse’s AP 1000 technology.
The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation..
MPs have agreed to extend the 0% VAT on bread and flour, which was due to expire on June 30, until the end of 2024. Under the GERB proposal, traders will be allowed to add a maximum of 15% profit margin on bread, but the proposal is limited to the most..
Bulgargaz expects the price of natural gas next month to be 5 to 6% lower as compared to April. During an open meeting at the Energy and Water Regulatory Commission, the initially proposed price of EUR29.12 per megawatt-hour was reduced to EUR28.36. The..
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