"We will not close coal-fired power plants, the market will close them, it is closing them now", Bulgaria’s Minister of Environment and Water Julian Popov said for the BNR. Minister Popov predicted that there is no chance for them to function after 2030. Julian Popov recalled that currently 25% of electricity is produced from renewable sources given that the country is yet to develop wind energy.
"Most private power plants very seriously consider abandoning coal within three years", said Julian Popov.
"The Maritsa-East region has the potential to attract BGN 20-30 billion in investments within 10 years if there is a regulatory environment, clarity and predictability", Minister Julian Popov further said.
According to Julian Popov, a fair transition from coal and natural gas to renewable energy means that a significant number of jobs and energy poor people are not affected.
The Commission on Protection of Competition, the National Revenue Agency and the Commission for Consumer Protection are joining forces against unfair traders who may use the introduction of the euro, as well as the period leading up to January 1,..
A Bulgarian delegation led by Minister of Interior Daniel Mitov visited the Technical Investigations Office of the U.S. Drug Enforcement Administration (DEA), the Ministry of Interior announced. Daniel Mitov was introduced to the latest technological..
The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at the officially announced exchange rate (1.95583 BGN = 1 EUR). That will be done free of charge,..
According to data from the Ministry of Labor and Social Policy, the average salary in Bulgaria during the first quarter of 2025 amounted to 2,443 BGN..
Joining the Eurozone, which includes 20 major European economies, will have an impact for the next 10, 20, 30 years, Bulgaria’s Premier Rosen..
Negotiations for a vote of no confidence in Rosen Zhelyazkov's government will begin after July 9, when Bulgaria's adoption of the euro becomes..
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