An approved bill that is to provide state aid for payment of debts of the Natsionalna Elektricheska Kompania EAD (NEK) is discussed today at first reading in the National Assembly. The draft envisages that the electricity company would receive money from the budget in order to pay its obligations to Russian company "Atomstroyexport" for produced equipment for the Belene nuclear power plant. The construction of the plant was cancelled in 2012 during the first Borissov Cabinet. The sum needed is not mentioned in the draft but according to PM Borissov, some 650 million euro would go in the direction of Russian companies. In order for NEK to receive the money the budget of the Ministry of Energy will be increased, it was reported.
Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..
“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..
The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
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