Republicans Propose Low-Interest Loan for Military Aid to Ukraine
US Senator Lindsey Graham expressed confidence that Congress will soon approve an aid package for Ukraine, albeit likely in the form of a low-interest loan rather than grants.
Angel Semerdzhiev, Chair of the State Commission for Energy and Water Regulation (DKEVR), has confirmed that electricity prices will not increase by more than 10% from July 1.
The DKEVR Chair told journalists Tuesday that power tariffs would not be affected by the loan that the national power grid operator NEK would take from the Bulgarian Energy Holding (BEH) to repay the loan for the scrapped Belene NPP project.
On Monday, Energy Minister Delyan Dobrev announced that the term for the settlement of the EUR 250 M debt on Belene NPP would be extended by a year, with NEK scheduled to pay back some of the money after taking a loan of EUR 50-70 M from BEH.
Dobrev noted that it was more likely that the loan would amount to EUR 50 M because NEK had some free financial resources.
In his Tuesday interview, Semerdzhiev argued that power tariffs were acceptable both for household consumers and for industrial customers because consumption in Bulgaria had been growing over the past few years regardless of the crisis.
The Chair of the energy watchdog assured that the 12% increase in water prices demanded by water utility Sofiyska Voda would not be implemented.
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During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
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
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU