Executive Director of AES, one of the US-owned power plants in Bulgaria’s Maritza East complex, Ivan Tsankov, has told the Bulgarian National Radio that any change in the long-term contracts for buying produced energy should be approved by creditor banks.
This, according to Tsankov, would take a long time. The company has made planned investments, but debts towards have not been paid yet.
Last week it became clear that the government was willing to comply with the call of employers' organizations, who want contracts with the two US-owned plants terminated. According to employers this could happen within a few weeks.
On Thursday the weather in Bulgaria will be sunny and hot. Minimum temperatures will be between 17°C and 22°C, in Sofia 17°C. The mercury is expected to hit heights of 34°C to 39°C in the country, 34°C in the capital Sofia, lower along the..
Bulgaria is significantly behind in the implementation of the Recovery and Resilience Plan (RRP), says the report on the country prepared by Brussels for 2024, reports BNT. Bulgaria's RRP amounts to 5.689 billion euro in grants. So far, Bulgaria has..
The Government has approved a draft Memorandum of Understanding between the Ministries of Defence of Bulgaria and Romania on the establishment of a Headquarters Regional Component Special Operations Command (HQR-SOCC). The HQR-SOCC will provide..
Bulgaria could join the euro area at the beginning of 2026. According to a study by the Non-Food Traders Association, this is the realistic period in..
The Prime Minister of Montenegro, Milojko Spajić, failed to attend a meeting with Bulgarian President Rumen Radev in Podgorica , the Montenegrin edition..
''It is important that Bulgaria emerges from timelessness'', Vice President Iliana Iotova said with regard to the negotiations for forming a government..
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