Bulgaria's Draft Budget for 2025: 3% Deficit, State Debt Growth, and Key Tax Changes
The Bulgarian Ministry of Finance has unveiled the draft budget for 2025, alongside the updated medium-term fiscal forecast covering 2025 to 2028
An incident has caused an automatic shutdown of the reactor in Unit 5 of the Kozloduy Nuclear Power Plant. MP of the Movement for Rights and Freedoms Ramadan Atalay confirmed the news during morning program on BNT.
He said that the source of information the Executive Director of Kozloduy NPP.
At 1:17 a.m., a technological operation triggered the automatic reactor protection system. The necessary actions have been taken and unit‘s work will be resumed again, Atalay explained.
All operational systems have been checked. There is nothing dangerous for the public, the MP was adamant.
It became clear that only one unit of Kozloduy NPP is currently working from the operational data of the Electricity System Operator (ESO) on load over the power distribution network. It shows that at 7:58 a.m., the energy generated by the nuclear power plant is 1,009 megawatts, which means that only one unit operates in Kozloduy.
Bulgaria may halt the transit of Russian gas to Serbia via the TurkStream pipeline starting in the new year if Gazprom fails to ensure payment compliance with U.S. sanctions against Gazprombank
Oil prices increased in early Asian trading this morning after the fall of Syrian President Bashar al-Assad introduced greater uncertainty in the Middle East.
The price of natural gas in Bulgaria is expected to rise by nearly 11% in December, reaching 76 leva per megawatt-hour before taxes and additional charges
The resignations pose a serious risk of prolonged power outages in ten regions just before the holiday season
The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 50 million euros for Tenevo Solar Technologies EAD to build and operate a solar photovoltaic plant in southeastern Bulgaria
The owner of the Burgas-based oil refinery, Lukoil Neftohim, through its parent company Litasco
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