Ukraine’s Ex-President Yanukovych Convicted of Border Crimes, Sentenced in Absentia to 15 Years
On April 28, 2025, Ukraine's former president, Viktor Yanukovych, was sentenced in absentia to 15 years in prison
Atomstroyexport's EUR 1 B claim against Bulgaria for scrapping the Belene NPP is "a very weak move," according to former Bulgarian Minister of Economy and Energy Traicho Traikov.
"I think that was a very weak move. They made a poor serve and now Bulgaria only has to slam the ball into their field," said Traikov Wednesday in an interview for the Bulgarian National Radio.
He explained that Bulgaria not only has very good arguments against the claim, but it could also use it as a ground to completely terminate the Belene NPP project.
"The Russian company has been in breach of many clauses of signed contracts so I think we have all chances to win the case," said Traikov.
The former Bulgarian Energy Minister said that he had hoped for a "friendly" parting of the parties on the project, which could minimize losses for both.
Traikov further commented that according to him Bulgaria does not need a new NPP, but must work hard at expanding the lives of already existing Units 5 and 6 of the Kozloduy NPP.
He said that his analysis shows that this would satisfy Bulgaria's energy needs for the coming 30 years.
Current Bulgarian Minister of Economy and Energy Delyan Dobrev has also said he is confident that his country will win the case, which is set to be decided at the International Court of Arbitration in Paris.
Bulgaria has taken a significant step toward exploring its deep-sea energy potential
The two nuclear reactors from Bulgaria's Belene Nuclear Power Plant will not be sold to Ukraine
A contract for the exploration and extraction of oil and natural gas in Block 1-26 Khan Tervel, located within Bulgaria’s exclusive economic zone in the Black Sea, is being officially signed today
Bulgaria is exploring the possibility of leveraging its nuclear power capabilities to attract the IT sector, particularly in the field of artificial intelligence (AI) and data centers
Bulgaria is intensifying efforts to enhance regional energy security through the development of strategic infrastructure aimed at reducing dependence on Russian gas
The final shipment of Russian nuclear fuel for Bulgaria's Kozloduy Nuclear Power Plant has arrived
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase