We will have concrete parameters of Ukraine's interest in the reactors from the unfinished Belene nuclear power plant within 60 days, Bulgaria’s Deputy Minister of Energy Iva Petrova said for “Bulgaria on air” TV. “The National Assembly, which authorized the talks, will have to approve the final decision, because the topic is of high public interest", Deputy Minister Petrova added. Iva Petrova clarified that the timing of the talks was right and they were not related to the visit of Ukraine’s President Volodymyr Zelenskiy in Sofia.
As regards the proposal which envisages that the state becomes a co-shareholder in the consortium which is drilling for gas off Bulgaria’s Black Sea coast, Deputy Minister Petrova said that the mentioned quantities look like an exceptional opportunity. "If these quantities are confirmed, this will fundamentally change Bulgaria's position and the situation on our market", Iva Petrova added.
The residential real estate market in Sofia in the second quarter of 2024 remains stable and active. Despite forecasts for a possible lull, the trends show a rise in prices and a significant increase in demand. This is shown by an analysis of one..
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..
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