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.
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..
The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to..
The Bulgarian-Moldovan Chamber of Commerce and Industry held a meeting with leading specialists from the energy sector of Bulgaria and Moldova. The..
Shell Exploration and Production (96) B.V , a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in..
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