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.
A children's hospital for active treatment will open in Burgas by the end of the year, it became clear during the inspection of its construction by Prime Minister Rosen Zhelyazkov. The medical facility will have 16 wards with 147..
“We Continue the Change” (PP) highlighted corruption as one of the main shortcomings of the hundred days of government of GERB, “BSP – United Left” and ITN. PP has not cancelled plans of filing a vote of no confidence after Bulgaria..
Bulgaria faces deep structural challenges. The economy is characterized by low added value and regional challenges, chairman of the Bulgarian Industrial Association (BIA), Dobri Mitrev, said. He presented the BIA index for “Economic..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
A peaceful civic protest under the motto “Protecting our children – car procession and blocking traffic on Danube Bridge” will take place on Saturday...
In 2024, the poverty line in the country was €375 per month on average per person in a household. A total of 1,401,300 people, or 21.7% of the population,..
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