The debt of NEC (the National Electric Company) to the two American thermal power plants Maritza East 1 and Maritza East 3, is worth 900 million euro. In turn the two plants’ debt to Mini Maritza East is worth 165 million euro. In case the National Electric Company fails to complete talks with creditor banks for the loan it needs to pay the debt back and has no money to settle the debt, the American side told the Bulgarian National Radio that they would refer to case to the court of arbitration to be able to have the money back.
Bulgaria may be temporarily deprived of part of the money from the second tranche of the National Recovery and Resilience Plan, but only if the anti-corruption commission is politically and financially dependent, the European Commission told the..
The nationalist party Vazrazhdane has announced a protest demanding the resignation of the government on September 26. The protest will be held in front of the National Assembly building in central Sofia today at 12:00. A protest..
Bulgaria continues to be among the EU countries with th e most serious deficits in the area of media freedom. This is the conclusion of the Coalition of international organizations working in the field of press freedom, which conducted an..
Underwater excavations near Cape Kilik in Bulgaria’s Avren municipality have revealed evidence of a harbour dating back to the early 1st millennium BC...
On Thursday, the lowest temperatures will be between 9 and 14°C; in Sofia – about 12°C. During the day there will be rain showers in..
Bulgarian Foreign Minister Georg Georgiev told a B4 meeting that EU enlargement is a natural priority for Sofia. Speaking on the sidelines of the..
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