With an investment cost of less than EUR 10.5 billion, with a ratio of 70:30 for attracted and own capital and an interest rate below 4.5%, the Belene NPP project is viable. This is the conclusion in an analysis made by the Bulgarian Academy of Sciences that has been commissioned by the Bulgarian Energy Holding.
The project would become significantly more viable in case the state is involved. In the region there is a shortage of base capacity of about 2000 MW. The worst option is if nothing is done on the Belene project, the Bulgarian Academy of Sciences said.
"The ultimate decision for Belene should only be made after a broad discussion of this analysis”, Energy Minister Temenuzhka Petkova commented at the presentation of the report. She stressed that the Belene N-plant decision should be made quickly but not hastily.
At the request of the European Public Prosecutor's Office, searches have been carried out in Sofia, Burgas, Petrich and Rila in connection with an investigation into alleged fraud with EU funds in the restoration of a church. In 2017, a public tender..
One million and eight hundred Bulgarian citizens travelled as tourists during the third quarter of the year, National Statistical Institute data show. 72.3% of them travelled inside the country, 20.8% travelled abroad and 6.9% - both inside Bulgaria..
“Investing in people, education, innovations and technologies is the key to success in the future,” said President Rumen Radev at the opening of the business forum in Singapore, in which representatives of companies from Bulgaria and Singapore are..
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would..
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an..
One million and eight hundred Bulgarian citizens travelled as tourists during the third quarter of the year, National Statistical Institute data show...
Partly Cloudy