The Ukrainian parliament has authorized the purchase of two Russian nuclear reactors from Bulgaria, Euractiv reports. The energy committee of the Ukrainian parliament greenlighted the purchase of two old Russian nuclear reactors to expand the Khmelnytskyi nuclear power plant. "The Cabinet of Ministers of Ukraine and/or Energoatom are granted permission to negotiate, finalize the text, sign, pay for, accept and store the equipment", the amendment, seen by Euractiv, reads.
The Khmelnytskyi nuclear power plant, located in southwestern Ukraine, was built in the early 1970s. Due to the Chernobyl disaster, it has always operated at half capacity. In 2023, negotiations began for the purchase of two Russian reactors, which were originally bought by Bulgaria for the unfinished Belene Nuclear Power Plant. The planned purchase has a floating price of at least EUR 600 million, reported BGNES.
Bulgaria has the opportunity to reap the full benefits of eurozone membership , but this will require stronger fiscal discipline, effective management of transition risks, and accelerated structural reforms , the International Monetary Fund (IMF)..
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Bulgaria's Ministry of Finance placed 7-year government securities on the domestic market for 300 million leva. (144 million euros) and an interest rate of 3.25%. The submitted purchase orders amounted to 446 million leva with a coverage ratio of 1.49...
Bulgaria has the opportunity to reap the full benefits of eurozone membership , but this will require stronger fiscal discipline, effective management..
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