Bulgaria's Foreign Policy Advisor Meglena Plugchieva Resigns Amid Caretaker Government Shake-Up
Meglena Plugchieva, the foreign policy advisor to Acting Prime Minister Dimitar Glavchev, has tendered her resignation
Sergey Stanishev, former Prime Minister and leader of the Bulgarian Socialist Party (BSP), has suggested that the party will treat the implementation of the Belene nuclear power plant (NPP) project as a priority in the next Parliament, if given a mandate to rule the country.
Stanishev, as cited by ITAR-TASS, came up with the announcement to foreign journalists on Thursday, after Bulgaria's Parliament had approved the resignation of the center-right GERB government headed by Prime Minister Borisov with by 209 votes in favor, 5 against, and one abstention.
Borisov's GERB government scrapped the project for the construction of the 2,000-megawatt nuclear plant project in Belene in March 2012 on the grounds that it was economically unfeasible. The move led Russia's Rosatom to file a lawsuit with an international arbitration court in Paris.
Started in the 1980s, the construction of Bulgaria's second nuclear power plant at Belene on the Danube River was stopped in the early 1990s over lack of money and environmental protests.
The Belene NPP has been de facto frozen since the fall of 2009 when the previously selected strategic investor, the German company RWE, which was supposed to provide EUR 2 B in exchange for a 49% stake, pulled out.
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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
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022