Natsionalna Elektricheska Kompania (NEK) and the Kozloduy nuclear power plant will continue working on their framework agreements and public procurement contracts with Russian companies. This was what the cabinet decided after the EU allowed Bulgaria to use a derogation on this issue from the sanctions, the newspaper "24 Chasa" reports.
Nuclear energy is unlikely to be included in EU's new package of sanctions against Russia, Politico writes. The article refers to a diplomatic source in Brussels saying that Bulgaria is against these sanctions, as the country exports electricity to Greece and the Western Balkans, produced in a nuclear power plant operating with Russian technology.
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..
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