A turbine at the state-owned Chaira Pumped Storage Hydro Power Plant has suffered a major failure. The installation will probably have to be rebuilt. According to experts, the lack of adequate computer simulations and unprofessional repair works may have caused the failure.
An inspection is currently underway to identify the cause of the accident, Bulgaria’s Minister of Energy Alexander Nikolov said at an extraordinary press conference at the Council of Ministers building.
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a difficult time for Europe, a time when the world is changing rapidly, when it is more important than ever..
Bulgarian President Rumen Radev had a telephone conversation with Polish President Andrzej Duda ahead of the upcoming Three Seas Initiative Summit in Warsaw. Radev highlighted the importance and potential of bilateral industrial cooperation, including..
For the second year in a row, the Bulgarian Industrial Association (BIA) will today present its "Effectiveness of Economic Policy" index. The index identifies specific weaknesses in Bulgaria's economic policies that, if addressed, could improve the..
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..
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a..
One hundred days after the start of its work, the government of Rosen Zhelyazkov enjoys the approval of 19.2% of Bulgarian citizens,..
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