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.
The likelihood of Bulgaria joining the eurozone on 1 January 2026 is growing by the day. The country would become the 21st EU member to adopt the single currency. The signals are coming both from the Bulgarian government, which has repeatedly stated..
The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..
An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...
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