Belene nuclear power plant can be constructed in 8 years and would cost nearly EUR 9 billion, the analysis of the Bulgarian Ministry of Energy reads. Bulgaria’s Minister of Energy Temenuzhka Petkova told the National Assembly Energy Committee that the new nuclear facility will be financed with 20% equity and 80% borrowed capital. According to the mandatory condition to the future strategic investors, Bulgaria must participate in this project in the form of a contribution in kind (the money invested by the National Electricity Company until now). The plans also envisage that 1/3 of the construction activities will be done by Bulgarian companies.
In a record-long session lasting 18 days, Bulgarian MPs made a seventh failed attempt to elect a speaker of the National Assembly. After several breaks and a re-vote for the oldest MP, Silvi Kirilov from “There Is Such a People" (ITN), only a few..
The leader of “МРФ – New Beginning” Delyan Peevski has expressed his readiness to take the post of prime minister. “When we are the first party, I will form a government,” he said on the sidelines of the National Assembly. “If the Bulgarians give..
The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the..
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