Bulgaria's Belene NPP Reactors Set for Ukraine’s Khmelnytskyi Nuclear 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)
Lawmakers have approved on a first reading a bill that will allow state energy company NEK to pay nearly EUR 630 M to Russia's Atomstroyexport.
The text was adopted by a parliament committee on Tuesday, after Energy Minister Temenuzhka Petkova warned a further delay in payments might pose a risk to the country's entire energy system and might even push Atomstroyexport to claim NEK's insolvency.
Once the bill, which was rushed to Parliament's floor, is finally adopted, it will allow the disbursement of nearly EUR 630 M to NEK that authorities will seek a way to return in the future through possible increased revenues from new energy projects.
The sum is to be secured through an increase in the Energy Ministry's budget. Any transfer of sums to NEK will have to be approved by the EU Commission as it will be tantamount to state aid.
Bulgaria lost an arbitration suit in June and is forced to pay for the equipment procured to the Russian company for the construction of Belene nuclear power plant (NPP), a project that the previous government of Prime Minister Boyko Borisov ditched in the winter of 2012.
Petkova on Tuesday called for the money to be transferred as quickly as possible, since hundreds of thousands worth of interest rate were being added to the sum on a daily basis.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
Head of the Military Medical Academy (MMA) Major General Prof.
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