There will be no problem to service the debt the for Belene N-plant, outgoing Finance Minister Vladislav Goranov has said after the approval of the state budget draft: „I am optimistic that we will obtain within the deadline agreed with the Russian side, a permission of the European Commission for the admissibility of this payment”, Goranov has said. Following a ruling of the Court of Arbitration in Geneva that the Bulgarian National Electric Company should pay the Russian company Atomstroyexport the amount of 620 million euro for the abortive project for the Belene N-plant, the Bulgarian and the Russian sides signed an agreement under which should the principal payment takes place by 15 December, Russia would cancel the interests on this debt. In order to pay back the debt NEC is going to receive a state loan which should be approved by the European Commission.
After the update of pensions under the so-called Swiss rule from July 1 by 8.6%, the average monthly pension of a Bulgarian pensioner for July exceeded 1,000 BGN, reaching 1015.22 BGN (519 EUR). This was announced by the National Social Security..
Bulgaria's Road Infrastructure Agency has warned that toll cameras now also detect the wearing of seat belts. The new function has been active since August 12 and the cameras have already recorded 170 violations. Risk of dying on the road in..
A statement from the Road Safety Institute, sent to the media, reports that the risk of dying on the road in Bulgaria is 2.5 times higher than the average for the European Union. Data for July and the first half of August show that..
On the occasion of International Lighthouse Day, the oldest lighthouse in Bulgaria, which is located in Shabla, opened its doors for..
In the extremely difficult and rocky terrain above the village of Ploski, with a slope of over 70 degrees, the third outbreak of the..
A statement from the Road Safety Institute, sent to the media, reports that the risk of dying on the road in Bulgaria is 2.5 times..
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