The Ukrainian parliament has authorized the purchase of two Russian nuclear reactors from Bulgaria, Euractiv reports. The energy committee of the Ukrainian parliament greenlighted the purchase of two old Russian nuclear reactors to expand the Khmelnytskyi nuclear power plant. "The Cabinet of Ministers of Ukraine and/or Energoatom are granted permission to negotiate, finalize the text, sign, pay for, accept and store the equipment", the amendment, seen by Euractiv, reads.
The Khmelnytskyi nuclear power plant, located in southwestern Ukraine, was built in the early 1970s. Due to the Chernobyl disaster, it has always operated at half capacity. In 2023, negotiations began for the purchase of two Russian reactors, which were originally bought by Bulgaria for the unfinished Belene Nuclear Power Plant. The planned purchase has a floating price of at least EUR 600 million, reported BGNES.
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..
An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...
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