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.
A team of the international Red Cross visited a 25-member crew on board of the Galaxy Leader vessel, which was hijacked last year by the Iran-backed Houthi rebels and is docked in the port city of Hodeidah— a Houthi stronghold, AP reports...
The last sitting of the jubilee 50 th National Assembly of Bulgaria ended with a scandal at midnight last night. In the last hours before adjourning for parliamentary recess because of the election campaign, starting today, some MPs occupied..
Friday will be sunny and temperatures will rise during the day to reach 28-33°C, 29°C in the capital. Lows will be between 11 and 16°C, 11°C in Sofia. The Black Sea coast will be sunny with some fog in the morning. Air temperatures will be..
For the first time in 38 years the population of Bulgaria has practically stopped its downward trend. In 2023 the decline is by a mere 0.3%, or just..
Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with..
Renowned Bulgarian pianist Marta Deyanova has died in London at the age of 77, her son Martin wrote on Facebook. Marta Deyanova graduated from the..
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