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File photo, BGNES
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.
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During the election campaign, members and candidate MPs of the pro-Russian political party "Revival" obstructed and physically prevented specialists from the Ukrainian nuclear power plant operator "Energoatom"
Amidst ongoing uncertainties surrounding the Belene nuclear power plant, Bulgaria's Energy Minister, Rumen Radev, revealed on Friday a strategic decision to postpone the sale of equipment from the unfinished facility to Ukraine
Energy Minister Rumen Radev affirmed Ukraine's ongoing interest in acquiring equipment for Bulgaria's Belene Nuclear Power Plant (NPP) during an inspection of Bulgaria's gas link construction with Serbia
Boyko Borisov chose to cast his vote with a paper ballot in Bankya today.
During his meeting in Athens with Bulgarian Prime Minister Nikolai Denkov, Ukrainian President Volodymyr Zelensky confirmed his country's interest in purchasing the two Bulgarian reactors from the unfinished "Belene" nuclear power plant and its equipment
Deputies from three parliamentary groups - GERB, WCC-DB and DPS - submitted a proposal to the National Assembly to attempt to sell equipment for the "Belene" Nuclear Power Plant to Ukraine through negotiations
Starting in 2029, heating with wood and coal will be entirely banned in Sofia
In the coming two months, the company "Kozloduy NPP - New Powers" is set to finalize an engineering contract with a consortium comprised of South Korea's Hyundai Engineering and Construction and the American firm Westinghouse Electric Company.
Electricity prices in Bulgaria remain the highest in the region as August progresses
Ukraine remains committed to purchasing two Russian VVER(WWER-1000)-1000 nuclear reactors currently stored in Bulgaria
Turkey is set to export natural gas to Bulgaria under a new brand called "Turkish Blend", which will include a mixture of gas from various sources
The Bulgarian Council of Ministers has approved a Memorandum of Understanding with Smart Solar Technologies
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023
