ECB to Assess Impact of Weak Eurozone Economy on Inflation Ahead of Rate Decision
The Eurozone economy is showing weaker performance than anticipated, prompting the European Central Bank (ECB) to assess its impact on consumer prices
Brussels wants to give "green" status to nuclear energy, as well as natural gas, writes the British newspaper Financial Times, referring to the draft document at its disposal.
According to the publication, "the European Commission has paved the way for investment in new nuclear power plants for at least the next two decades and in natural gas for at least a decade." It is noted that this is a classification within the EU taxonomy.
The publication is acquainted with the draft document, which notes that under certain conditions should be given the "green" status of "disputed" energy sources, including nuclear energy and natural gas.
According to the newspaper, the decision came after a sprawling group of countries led by France, as well as a number of pro-gas governments, demanded that the taxonomy "not sanction the energy sources that provide most of their electricity production".
The EU taxonomy sets out a list of economic activities that have been declared 'environmentally sustainable'. It was created as part of the so-called "Green Deal", the implementation of which aims to transform the European Union in a way that reduces the negative impact on the environment. Moving to climate neutrality is also part of the deal. The taxonomy, in particular, aims to support direct investment in projects identified as more environmentally friendly.
/Focus
Sofia's Mayor Vasil Terziev reassured residents that there are no risks for the upcoming heating season after a meeting with Energy Minister Vladimir Malinov
There may be challenges ahead for oil prices if the situation in the Middle East escalates into a regional conflict
Fewer households in Bulgaria are relying on wood for heating
The first tanker carrying liquefied gas for Bulgaria is currently being unloaded at the new regasification terminal in Alexandroupolis
Bulgaria's state gas supply company, "Bulgargaz," has once again blocked all accounts belonging to the municipal heating company, "Toplofikatsia Sofia"
Bulgaria's Energy and Water Regulation Commission (EWRC) has announced that the price of natural gas for October will be set at 63.72 leva per MWh
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
Bulgaria Leads Europe in Heat-Related Deaths in Record-Breaking 2023