The National Assembly voted, at second reading, to give the go-ahead to cooperation with the US for the construction of reactors 7 and 8 of the Kozloduy Nuclear Power Plant.
Before the vote in plenary, the bill for the ratification of the agreement between the governments of Bulgaria and the US for cooperation under the project for the construction of nuclear capacities at NPP Kozloduy and Bulgaria’s civil nuclear power programme, was adopted at the parliamentary energy committee with the support of GERB/SDS, We Continue the Change/Democratic Bulgaria (PP/DB), the Movement for Rights and Freedoms and There Is such a People (ITN).
The agreement was signed in Sofia on 12 February, 2024. By force of another decision, parliament mandated the holding of negotiations, by 15 April, between Kozloduy NPP-New Capacities and Hyundai Engineering & Construction Co., Ltd. for the construction of the new reactors using Westinghouse’s AP 1000 technology.
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has already taken concrete measures to adapt to the new currency, the new chairman of the Financial..
The likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single currency. The signals are coming both from the Bulgarian government, which has repeatedly stated..
The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..
Bulgaria will meet the price stability criterion for joining the eurozone without the need for subjective calculations, said the Institute for..
According to Eurostat estimates, price growth in the EU slowed down to 2.4% year-on-year in April 2025, compared to 2.5% in March. According to data..
'The land of the rising sun' — this evocative name resonates beautifully with Bulgarians. The country is also known as the 'cherry blossom garden', the..
+359 2 9336 661