Bulgaria begins paying back its debt to Russia for worth 670 M euro the Belene N-plant. By year-end the greater part of the amount (400 M euro) will be paid back, Bulgarian Energy Minister Temenuzhka Petkova has said in Vratsa, Southwestern Bulgaria, taking a question from a National Radio reporter. She has thus confirmed reports circulated yesterday night by the Russian news agency TASS. The energy minister has explained that for the time being the National Electric Company cannot not provide the amount needed to pay the debt back and that various options will be considered including state debt. Regarding the interest rate worth 167,000 euro a day that Bulgaria is expected to pay, it is likely to be reduced because of technical errors. Both the Court of Arbitration in Geneva and the Russian government have been informed about it, Temenuzhka Petkova has said.
Prime Minister Rosen Zhelyazkov and Deputy Prime Minister Tomislav Donchev cancelled the meeting, scheduled for today, of the National Tripartite Council on the draft budget for 2006 after, in an unprecedented move, businesses decided not to take..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among them a direct link Bucharest-Sofia-Athens. According to the plan, using the trans-European..
President Rumen Radev has returned for a new discussion in parliament the adopted legal amendments, according to which the sale of assets of Russian company Lukoil in the country will take place after a decision of the Council of..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities..
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