Text size

Bulgaria and Greece in negotiations over construction of new nuclear power plant

published on 2/28/22 11:07 AM

Photo: Archive

Bulgaria is negotiating with Greece to build a new nuclear power plant on Bulgarian territory. It will also be used by neighbouring countries under a long-term 20-year contract. It is being specified where it will be built, Deputy Prime Minister and Minister of Finance Assen Vassilev told Nova TV.

He described the project as part of energy independence measures. The plant will be built quickly if there is a buyer who is ready to buy electricity. This also eliminates the business risk for the new facility.

Negotiations are also underway for Bulgaria to buy part of the port of Alexandroupolis in Northern Greece, Vassilev said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Alexandroupolis Assen Vassilev energy independence Greece nuclear energy nuclear power plant

More from category

IT sector attracts thousands but the market cherry picks the most motivated and experienced specialists

IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..

published on 7/5/24 1:44 PM

BNB sets base interest rate at 3.63% as of July 1

The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..

published on 7/1/24 8:52 AM

EC: Bulgaria still not meeting eurozone criteria

Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..

published on 6/26/24 1:51 PM