''The price of electricity from Units 7 and 8 of the Kozloduy Nuclear Power Plant should not exceed EUR 65 per megawatt-hour, which is the average mix for electricity prices in the EU. The financial framework for the construction of Units 7 and 8 at Kozloduy NPP should not exceed 14 billion", Bulgaria’s Minister of Energy Rumen Radev said.
Minister Radev and US Assistant Secretary of Energy for International Affairs Andrew Light signed an intergovernmental agreement for cooperation on the project to build a nuclear capacity at Kozloduy NPP and for the exchange of technologies and training of specialists.The exact cost of the new units will be known by the end of March from the report prepared by the American company Westinghouse, whose reactors will be used for the future capacities. Minister Radev added that he expects the total cost of the two units to be below EUR 14 billion. The decision of the Bulgarian government is for the contract to include ''fixed deadlines and a fixed price''.
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency, European Central Bank President Christine Lagarde said in an interview with public service..
The Ministry of Innovation and Growth has presented the country’s first interactive investment map . The platform aims to provide Bulgarian and foreign investors with useful and up-to-date information in one place, making it easier for them to make..
Citizens should remain calm about the introduction of the euro in Bulgaria from January 1, 2026, as the Bulgarian National Bank and commercial banks are..
Bulgaria’s Ministry of Finance has published the draft state budget in euros for 2026. The country’s GDP is projected to reach EUR 120.1 billion, with..
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