Bulgaria Awaits Price Stability Milestone to Seek Eurozone Readiness Report
Bulgaria will request a convergence report from the European Commission regarding its readiness to join the Eurozone once the country fulfills the price stability criterion
In a rapid ten-minute session, lawmakers backing Prime Minister Nikolai Denkov swiftly endorsed a proposal outlining the schedule for constructing units 7 and 8 at the Kozloduy Nuclear Power Plant (NPP) using American technology.
Despite several parliamentary groups and an independent member abstaining from the session, others moved the decision forward. Members from GERB, "We Continue the Change - Democratic Bulgaria," and DPS supported the decision, with minimal opposition from a single delegate.
The decision's architects include Boyko Borissov (GERB), Kiril Petkov (We Continue the Change - Democratic Bulgaria), Delyan Peevski (DPS), and Delyan Dobrev (GERB).
It directs the Energy Minister to boost the capital of "Kozloduy NPP" Ltd. by BGN 1.5 billion, allocating future revenues from the sale of equipment from the incomplete "Belene" NPP solely for the new Kozloduy blocks.
This accelerated plan marks a push to expand nuclear power capabilities at the Kozloduy site.
In a dramatic political move, three regional governors affiliated with Delyan Peevski's faction of DPS: "New Beginning" have submitted their resignations
Defense Minister Atanas Zapryanov has implemented a 30% salary increase for the Bulgarian Army
The National Guard units stationed at the entrance to the President's administration building now have new booths
A recent "Alpha Research" poll conducted between January 15 and 20, 2025, reveals that GERB still holds a strong lead in Bulgaria’s political landscape
Finance Minister Temenuzhka Petkova has revealed that Bulgaria's deficit for the first quarter of 2025 is projected to reach 3.684 billion leva
Delyan Peevski, leader of DPS - "New Beginning," has called for the immediate resignation of all DPS - "New Beginning" regional governors from their position
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