An approved bill that is to provide state aid for payment of debts of the Natsionalna Elektricheska Kompania EAD (NEK) is discussed today at first reading in the National Assembly. The draft envisages that the electricity company would receive money from the budget in order to pay its obligations to Russian company "Atomstroyexport" for produced equipment for the Belene nuclear power plant. The construction of the plant was cancelled in 2012 during the first Borissov Cabinet. The sum needed is not mentioned in the draft but according to PM Borissov, some 650 million euro would go in the direction of Russian companies. In order for NEK to receive the money the budget of the Ministry of Energy will be increased, it was reported.
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The Finance Ministry has confirmed that Minister Petkova will participate in the Eurogroup meeting on 17..
Minimum temperatures on Monday will be between minus 4 and 1°C. In Sofia it will be around minus 3°C. The mercury will hover between -3 and 0 °C in the north. Maximum temperatures in southern Bulgaria will be between 2 and 7°C. In the capital it will..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It was organised by the movement "For a Free Russia" - an association of Russian immigrants in..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices...
Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting..
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