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.
Caretaker Prime Minister Dimitar Glavchev rejected the request of PP-DB to be heard in the National Assembly and will not speak at today's parliamentary session. The coalition insisted that the prime minister explain the reasons for the dismissals and..
Owners of photovoltaic plants have closed the main road Ruse-Sofia at the main junction close to the village of Yassen in protest against "high balancing prices". "The prices for balance and non-balance are almost equal. They are higher than..
On June 26, people around the world are encouraged to take an active stance against the spread of drug addiction. On the occasion of the International Day against Drug Abuse and Illicit Trafficking, municipal institutions in Sofia, with the..
The Bulgarian Development Bank (BDB) is starting "unlimited" financing for the country's defense industry. According to caretaker Minister of..
Caretaker Minister of Interior Kalin Stoyanov is attending the ministerial conference of the Salzburg Forum countries in Vienna, the Ministry of..
Bulgaria has been allocated 48.6 million euro for culture under the Recovery and Resilience Plan (RRP) , interim Culture Minister Nayden Todorov said. The..
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