There will be no problem to service the debt the for Belene N-plant, outgoing Finance Minister Vladislav Goranov has said after the approval of the state budget draft: „I am optimistic that we will obtain within the deadline agreed with the Russian side, a permission of the European Commission for the admissibility of this payment”, Goranov has said. Following a ruling of the Court of Arbitration in Geneva that the Bulgarian National Electric Company should pay the Russian company Atomstroyexport the amount of 620 million euro for the abortive project for the Belene N-plant, the Bulgarian and the Russian sides signed an agreement under which should the principal payment takes place by 15 December, Russia would cancel the interests on this debt. In order to pay back the debt NEC is going to receive a state loan which should be approved by the European Commission.
Bulgaria will not back down from its principled position for EU integration of the Western Balkans and is respecting its commitments, but it also insists that the Republic of North Macedonia respects the agreements reached. This..
Bulgaria has been assessed on its merits for meeting the Maastricht convergence criteria, which shows the similarity of the Bulgarian economy with the European Union's requirements for sustainability and stability, Prime Minister..
The National Assembly rejected four draft decisions to lift the immunity of four MPs of Vazrazhdane at the request of Acting Prosecutor General Borislav Sarafov, reported BTA. On February 22, Slavcho Krumov, Ivaylo Chorbov, Yordan Todorov and Nikola..
"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the..
At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose..
At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the..
Partly Cloudy
Clear