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.
"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 state budget, the attitudes of Bulgarian citizens and the desire for a referendum. We are asking..
''There’s no money for new submarines'', said Bulgaria’s Minister of Defense Atanas Zapryanov. That’s why the defense investment projects through 2032 do not include the purchase of submarines, whether second-hand or small ones, added Chief of..
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 Queen marked the beginning of the culminating days of the Rose Festival in Kazanlak. The festival will..
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..
"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..
The Bulgarian National Radio Symphony Orchestra undertook effective protest action, as shown in videos of their June 6 concert at Bulgaria Hall, which..
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