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.
State-owed natural gas supplier Bulgargaz has hired a legal councillor to defend the interests of the Bulgarian gas company in connection with the contract for natural gas storage and supply with the Turkish-owned company BOTAŞ. Bulgargaz..
It is our intention that even with the 2025 budget, defense spending will reach a higher level than 2.5% of the Gross Domestic Product, said the Deputy Minister of Defense Radostin Iliev during the commemoration of the Day of the Military Parachutist in..
Friday will be sunny. There will be light to moderate easterly winds, except in eastern Bulgaria, where gusts will come from the north. Minimum temperatures will be between 2°C and 3°C, along the Black Sea up to 6°C-8°C, in Sofia - around 0°C. Maximum..
Right before the two military pilots training for an air show crashed their plane in the critical seven seconds of the flight there was no communication..
A fire broke out in the Varna office of a party which was represented in the last National Assembly and which is contesting the forthcoming elections on 27..
According to a survey by Gallup International Balkan, one tenth of respondents admit that they would accept to vote in exchange for money, other..
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