The power plants in Maritsa coal basin will continue to operate at a capacity of 1,600 megawatts. Bulgaria does not plan to close thermal power plants, as announced by the caretaker government in line with the EU Green Deal and the National Recovery and Sustainability Plan, Deputy Prime Minister Assen Vassilev said in parliament.
Vassilev admitted that Bulgaria would not be able to contract 70% of the EU funding this year. 2.5-3 billion euros will be negotiated instead of the expected 4.5 billion euros.
The GERB opposition has strongly criticized the government's project to build a battery park at a cost of 750 000 euros to balance the reduced electricity production. Former energy minister Delyan Dobrev said the investment would never pay off and the plan was meant only to serve a private investment fund.
Bulgaria and Saudi Arabia have significant untapped potential for economic cooperation , which should be transformed into concrete joint projects, Bulgarian Foreign Minister Georg Georgiev said during a meeting with Saudi Minister of Economy and Planning..
The Ministry of Electronic Governance has announced that 63 Bulgarian companies will receive financial support under the programme “Support for Improving Cybersecurity in Small and Medium Enterprises in the Republic of Bulgaria”. The funding will be..
In a statement to Parliament, the “There Is Such a People” (ITN) party, which is part of the ruling coalition, insisted that the government take action to truly integrate Ukrainian refugees into the country. In its declaration, ITN insists that..
Bulgaria welcomes President Trump ’s concrete plan to put an end to hostilities in Gaza and acknowledge the swift and positive response by..
MPs from Delyan Peevski’s DPS-New Beginning have proposed the formation of an ad hoc inquiry committee into the facts and circumstances regarding the..
The South-Central region of Bulgaria is the region of the EU with the highest mortality rate from diseases of the cardiovascular system – 66.2% of all..
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