"Bulgaria still depends on Russia for a number of parts and equipment for its nuclear power plant. We need them for the forthcoming planned repairs and maintenance", caretaker Minister of Energy Rosen Hristov said for the BNR with regard to the cabinet’s decision to approve a derogation of the EU sanctions against Russia enabling the Kozloduy NPP to purchase spare parts, materials and services.
"We are looking for alternative suppliers who can provide Bulgaria with such equipment and spare parts in the long term. We are working with all countries with such nuclear reactors. The key issue is to ensure Bulgaria's energy security and the operation of the Kozloduy NPP", Minister Hristov said. Rosen Hristov noted that this is not a one-off derogation and that such a derogation will be necessary in the future, because there are no substitutes for more than 40 components supplied by Russia.
The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..
Bulgaria is interested in participating as a co-shareholder in the initiative to create a "green" corridor for the transmission of "green" energy produced in Azerbaijan to Europe, caretaker Premier Dimitar Glavchev said at a meeting in Berlin with the..
While ballots were being counted in Bulgaria and Europe after the parliamentary elections, on June 10 the Ministry of Finance sold government debt for nearly EUR 200 million. It was announced that bonds worth 100 million EUR would be..
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