The National Electrical Company (NEK) has initiated a procedure for the selection of a consultant for the asset valuation of the Belene Nuclear Power Plant project.
These assets will go into a new company, said Petyo Ivanov, CEO of the Bulgarian Energy Holding. One of the ways to separate the assets is by contribution of assets, and the other – by dividing the company itself. For the time being, the plan is to keep NEK as 100 percent owner until the emergence of another potential investor. It is the position of the Bulgarian government that the Belene NPP should be implemented on market principles without state guarantees.
Vice President Iliana Iotova pointed out that the changed texts in the Constitution have turned against their creators. Yotova told journalists that "because of these changes in the Constitution, the Speaker of the National Assembly cannot be..
New car sales in Bulgaria in October increased three times more than the average for the European Union , where the purchase of new cars is only 1.1%. According to the Association of European Automobile Manufacturers, 75.9% of cars registered in..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a national survey by Podkrepa trade union. Half of those surveyed are in favour of a nation-wide..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would..
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