Bulgaria set obligatory terms in the offer for selection of strategic investor for construction of a second nuclear power plant in Belene, which was published in the Official Journal of the European Union. Firstly, the National Energy Company, which enters the future joint venture with an in-kind contribution consisting of its assets (the construction ground and the nuclear reactors) will have a blocking quota during the construction and the exploitation of the nuclear power plant. Secondly, no contract for purchase of electricity with state guarantee or other non-market mechanisms to guarantee the investments will be signed. According to another condition, the construction deadline of the project is 10 years and the price of the investment cannot exceed EUR 10 billion. Local companies must be also able to participate at the fulfillment of the project, one of the terms read.
Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this occasion, Caretaker Environment Minister Petar Dimitrov called for work to improve and repair the water..
From March 30, 2025, a new direct flight will connect Sofia and Pisa, Italy. A statement from Sofia Airport states that the flights will be operated by the low-cost airline Ryanair and will operate three times a week - every Tuesday, Thursday and..
The parliamentary group of Democratic Bulgaria has offered GERB-SDS and "BSP-United Left" to vote "for" the candidacy of Silvi Kirilov from ITN for the post of Speaker of the 51st National Assembly. Yordan Ivanov, MP from "We Continue the..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the..
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