Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Energy Minister: Adoption of the euro will not affect household electricity prices

Energy Minister Zhecho Stankov
Photo: BTA

The introduction of the euro will not affect household electricity prices, Energy Minister Zhecho Stankov told BNR. He added that from the day Bulgaria adopts the single European currency, electricity bills will be recalculated at the legally approved exchange rate between the lev and the euro.


The minister also said that a report on the price and construction deadline for units 7 and 8 of the Kozloduy Nuclear Power Plant should be ready by the middle of the year. 'We insist that the reactors be equipped with the best technology available, which is Westinghouse's AP1000, and at the best financial conditions, because this will mean the price of the energy produced will be as low as possible for citizens and businesses,' he emphasised.


As for what will happen to the two Russian reactors from the cancelled Belene nuclear power plant project, which the National Assembly banned from being sold to Ukraine, Zhecho Stankov said that the possibility of using them for future projects for databases and artificial intelligence centres requiring large amounts of electricity is being discussed.



Editor: Diana Tsankova
Posted and translated by E. Radkova



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Hot weather, clouds over the mountains, but no precipitation

On Friday, the lowest temperatures will be between 16 and 23°C; in Sofia – around 16°. It will be sunny during the day. There will be cumulus clouds over the mountains, with a very small probability of isolated afternoon..

published on 8/7/25 7:05 PM

Bulgaria deploys military contingent to Kosovo

A Bulgarian military contingent has departed for a peacekeeping mission in Kosovo , BNR’s Shumen correspondent reports. A total of 97 service members (90 men and 7 women) were officially sent off today. The contingent is part of NATO’s Kosovo Force..

published on 8/7/25 6:06 PM

Forum dedicated to 45th anniversary of Atanasovsko Lake Reserve seeks solutions for preserving biodiversity

Regional Library "Peyo K. Yavorov" in Burgas is hosting the forum "Burgas - an intersection of industrial heritage, ecological sensitivity and cultural potential", the organizers from the team of the Bulgarian Biodiversity..

published on 8/7/25 3:57 PM