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An arbitration suit in Paris has ended with Bulgaria being forced to pay EUR 550 M to Russia's Atomstroyexport, Bulgarian Prime Minister Boyko Borisov has said.
He has told reporters that his "biggest fears" are gone after the ruling. The sum is nearly fifty percent of the one demanded by Atomstroyexport after a previous government, also led by Borisov, announced it was ditching the Belene Nuclear Plant project.
The country will now have to provide the money to purchase the equipment Atomstroyexport had produced for the plant.
In a recent interview on Dir.bg’s program "The European Parliament in Focus," Tsvetelina Penkova, MEP from the S&D Group, addressed growing tensions between the European Commission (EC) and the European Parliament (EP)
The two nuclear reactors from Bulgaria's Belene Nuclear Power Plant will not be sold to Ukraine
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Ukraine's parliament, the Verkhovna Rada, has passed a law allowing the purchase of two Russian-made nuclear reactors originally intended for Bulgaria's Belene Nuclear Power Plant
Ukraine's parliament has given the green light for the acquisition of two nuclear reactors initially intended for Bulgaria's Belene Nuclear Power Plant (NPP)
The Ukrainian parliament has approved the purchase of two Russian nuclear reactors that were originally intended for the Belene Nuclear Power Plant (NPP) in Bulgaria
Fuel prices in Bulgaria have risen by 2 to 5 percent over the past week, largely due to supply restrictions following the outbreak of military operations in the Middle East
In Bulgaria, fuel industry experts warn that if oil prices reach USD 100 per barrel, gasoline at the pump could exceed €1.50 per liter.
Fuel prices in Bulgaria have already begun to climb in some areas, with gas station owners linking the increase to the escalating conflict in the Middle East
In Bulgaria, the overwhelming majority of complaints about high electricity bills are coming from households that rely on electricity for heating, particularly through air conditioners, the Energy and Water Regulatory Commission (EWRC) reported
Acting Energy Minister Traycho Traykov commented on Nova TV that the recent rise in fuel prices in Bulgaria is modest, with gasoline and diesel increasing by just three cents, reflecting crude oil quotations
Energy Minister Traycho Traykov briefed Prime Minister Andrey Gyurov that Bulgaria has received liquefied natural gas under contracts concluded before the recent escalation in the Middle East
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