Bulgarian Energy Minister Temenuzhka Petkova has proposed that Bulgarian and Russian experts should discuss options to resolve the case with the project for construction of the "Belene" NPP in Bulgaria and to propose a solution as soon as possible. The minister has sent a letter to the management of Russian corporation "Rosatom," which is a side in the project, to determine the composition of the Russian working group in discussions. Directors and experts of the Bulgarian Energy Holding and the National Electric Company of Bulgaria will take part in the discussions. Following the decision of the international arbitration in Geneva, Bulgaria must pay the Russian side almost 620 million euros for equipment produced for frozen Belene nuclear power plant project.
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July 2-16, the Bulgarian news agency BTA reports. The last time such an operation was carried..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
+359 2 9336 661