Bulgaria's Construction Sector: Notable Decline Surpasses EU Trends
Recent data from Eurostat unveils a significant downturn in Bulgaria's construction industry, showcasing a more pronounced dip compared to the EU's overall production metrics
Some EUR 430,5 M have been spent so far by the Bulgarian state in preparation for the construction of the country's second nuclear power plant at the Danube town of Belene.
The figure was made public Friday by the press service of the Ministry of Energy and Economy.
Of these, EUR 161 M have been spent for developing the technical project; EUR 78 M - for the clearing of the construction site; EUR 89,5 M for the purchase of long-term equipment; EUR 90 M have been spent for paying consultants - WorleyParsons, Deloitte, Paribas; and EUR 12 M - for paying off interest on a BNP Paribas loan.
Last week, Bulgaria's Finance Minister nominee, Simeon Djankov, declared that some BGN 500 M (EUR 250 M) must have been stolen from the money spent on preparing the construction of Belene, since similar procedures in other countries cost at most BGN 250 M (EUR 125 M).
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022