Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

NEC debt to American thermal power plants Maritza East worth EUR 900 million

Photo: BGNES

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.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Weather forecast: Temperatures continue to drop

Over the next 24 hours the weather will continue cloudy, with rain mostly in the Southwestern half of the country and sleet in high plains. The precipitation over Mounts Rila and the Rhodopes will be considerable. There will be a moderate, in..

published on 11/30/24 6:15 PM

A Kilogram of Kindness collects food for people in need

The Bulgarian Food Bank’s Kilogram of Kindness food drive, is collecting food for the needy for the 12th consecutive time. Four to seven tons of food with a longer shelf lifeis expected to be collected – such as rice, lentils,..

published on 11/30/24 4:44 PM

Eurobarometer: Bulgarians’ trust in the EU is a little over the average for the Union

A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common currency, the euro, both in the EU as a whole (74%) and in the euro area (81%). In Bulgaria,..

published on 11/30/24 4:30 PM