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.
Since the beginning of the month, there have been almost 200 fire accidents a day, said Chief Commissioner Aleksandar Dzhartov, director of the Fire Safety and Civil Protection Directorate. The main reason for the increase in the number of incidents..
Bulgaria has been allocated 48.6 million euro for culture under the Recovery and Resilience Plan (RRP) , interim Culture Minister Nayden Todorov said. The ministry has to revise the first two of six programmes in the sector to receive the first..
2023 was another year in which high-level corruption in Bulgaria remained under the radar, as the criminal proceedings conducted did not reflect the true state of corruption in the public sector, according to one of the findings of the Anti-Corruption..
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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