Text size

Bulgaria and Greece in negotiations over construction of new nuclear power plant

published on 2/28/22 11:07 AM

Photo: Archive

Bulgaria is negotiating with Greece to build a new nuclear power plant on Bulgarian territory. It will also be used by neighbouring countries under a long-term 20-year contract. It is being specified where it will be built, Deputy Prime Minister and Minister of Finance Assen Vassilev told Nova TV.

He described the project as part of energy independence measures. The plant will be built quickly if there is a buyer who is ready to buy electricity. This also eliminates the business risk for the new facility.

Negotiations are also underway for Bulgaria to buy part of the port of Alexandroupolis in Northern Greece, Vassilev said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Alexandroupolis Assen Vassilev energy independence Greece nuclear energy nuclear power plant

More from category

Property prices in Sofia rise 25.5% in a year

The average price of apartments sold in Sofia in the third quarter of 2025 reached €2,310 per square metre , marking an annual increase of 25.5%, according to data from Bulgarian Properties. While new developments remain popular, limited supply and..

published on 11/26/25 4:36 PM

Natural gas prices to fall by over 4% in December

Natural gas prices in Bulgaria are set to fall by just over 4% in December , significantly higher than the previously forecast 1% drop, according to calculations by state-owned supplier Bulgargaz, reported BNR correspondent Yuliyana Kornazheva. This..

published on 11/26/25 2:22 PM

IMF assesses Bulgaria's near-term growth outlook as positive

The Executive Board of the International Monetary Fund (IMF) has concluded the 2025 Article IV Consultation with Bulgaria. According to the IMF’s procedure for assessments and recommendations, domestic demand is driving a robust expansion of the..

published on 11/25/25 10:18 AM