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.
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
The draft state budget was adopted in first reading by the National Assembly on November 21. However, the planned changes in the financial framework for..
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