Natsionalna Elektricheska Kompania (NEK) and the Kozloduy nuclear power plant will continue working on their framework agreements and public procurement contracts with Russian companies. This was what the cabinet decided after the EU allowed Bulgaria to use a derogation on this issue from the sanctions, the newspaper "24 Chasa" reports.
Nuclear energy is unlikely to be included in EU's new package of sanctions against Russia, Politico writes. The article refers to a diplomatic source in Brussels saying that Bulgaria is against these sanctions, as the country exports electricity to Greece and the Western Balkans, produced in a nuclear power plant operating with Russian technology.
In the second quarter of 2025, Bulgaria recorded the second-highest GDP annual growth in the European Union with a rise of 3.4% compared to the same period last year, according to Eurostat data. Compared to the previous quarter of 2025, Bulgaria..
Bulgaria’s state budget for 2025 does not add up. “The genie is out of the bottle – the state has never spent at such a pace,” warn financial experts. With only a few months left in the year, and despite the strenuous efforts of institutions such as the..
Bulgaria’s state gas supplier Bulgartransgaz has been “decapitalised” by a contract with Turkish company Botaş, Energy Minister Zhecho Stankov warned on Thursday, saying the deal could also threaten gas supplies to local district heating companies...
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