Belene nuclear power plant can be constructed in 8 years and would cost nearly EUR 9 billion, the analysis of the Bulgarian Ministry of Energy reads. Bulgaria’s Minister of Energy Temenuzhka Petkova told the National Assembly Energy Committee that the new nuclear facility will be financed with 20% equity and 80% borrowed capital. According to the mandatory condition to the future strategic investors, Bulgaria must participate in this project in the form of a contribution in kind (the money invested by the National Electricity Company until now). The plans also envisage that 1/3 of the construction activities will be done by Bulgarian companies.
Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this occasion, Caretaker Environment Minister Petar Dimitrov called for work to improve and repair the water..
From March 30, 2025, a new direct flight will connect Sofia and Pisa, Italy. A statement from Sofia Airport states that the flights will be operated by the low-cost airline Ryanair and will operate three times a week - every Tuesday, Thursday and..
The parliamentary group of Democratic Bulgaria has offered GERB-SDS and "BSP-United Left" to vote "for" the candidacy of Silvi Kirilov from ITN for the post of Speaker of the 51st National Assembly. Yordan Ivanov, MP from "We Continue the..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the..
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