There will be no problem to service the debt the for Belene N-plant, outgoing Finance Minister Vladislav Goranov has said after the approval of the state budget draft: „I am optimistic that we will obtain within the deadline agreed with the Russian side, a permission of the European Commission for the admissibility of this payment”, Goranov has said. Following a ruling of the Court of Arbitration in Geneva that the Bulgarian National Electric Company should pay the Russian company Atomstroyexport the amount of 620 million euro for the abortive project for the Belene N-plant, the Bulgarian and the Russian sides signed an agreement under which should the principal payment takes place by 15 December, Russia would cancel the interests on this debt. In order to pay back the debt NEC is going to receive a state loan which should be approved by the European Commission.
The ruling GERB party claimed that employers are in favour of a higher VAT rate, but employer organisations denied this, insisting that no such proposal had ever been made. This clarification followed a meeting between GERB leader Boyko Borissov..
Ninety participants representing 57 Bulgarian folklore ensembles from across Europe and North America gathered in Sofia for their fourth Creative Meeting and Seminar. The event was highly constructive, featuring useful workshops and guest lecturers...
The European Commission has disbursed €438.6 million to Bulgaria as part of the second payment under the Recovery and Resilience Facility (RRF). On 3 October 2025, the Commission partially approved the payment, stating that Bulgaria "still needs to..
On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in..
The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended..
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