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.
The sale of assets of the Russian oil company Lukoil in Bulgaria will only proceed following a decision by the Council of Ministers and approval from the State Agency for National Security (SANS) , MPs stipulated during the first reading of amendments to..
Bulgaria needs to make additional efforts to prevent human trafficking and to protect victims, according to conclusions from a report by the Council of Europe’s Group of Experts on Action against Trafficking in Human Beings (GRETA), published..
The Bulgarian National Bank (BNB) has acquired 66,000 troy ounces of gold (2053.2 kg. ), the national bank writes on its website. The BNB made this purchase after, on 8 July, the Council of the EU adopted a decision on the adoption of the..
The European Commission will provide around €50 million from the EU agricultural reserve to fruit, nut and vegetable producers in Bulgaria, Latvia,..
In Saturday an atmospheric disturbance will sweep across the country. Minimum temperatures will reach 8-13° C., for Sofia 10° C. After the..
Bulgarian investigative journalist Christo Grozev was honored as European Journalist of the Year at the official ceremony of the PRIX EUROPA festival..
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