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.
Saturday will be mostly sunny. Scattered high clouds will appear over western areas in the afternoon. Light winds will blow from east-northeast. Maximum temperatures will be between 18° and 23°C, around 20°C in Sofia. In the mountains it will be..
At midnight today, the campaign for the general election, to be held on Sunday 27 October, officially ends . Saturday is a day of silence. As of 23 October, 21 of the 28 parties and coalitions had signed contracts for media coverage of their..
Lawyers in Sofia, Burgas, Ruse and other cities have come out to protest against what they say is an illegitimate procedure for the election of the Prosecutor General. The election process should be stopped and a new SJC should elect a reputable and..
BGN 1,454 (EUR 738) per month is needed for a working person to be self-sufficient and live according to Bulgarian standards. For a family of three,..
Cows locked in a lorry have been stranded for six days in the buffer zone between the Kapitan Andreevo and Kapikule border crossings. Two of the..
Bulgaria is hosting the annual meeting of the ECTAA - European Travel Agents' and Tour Operators' Association - the largest event of the institution that..
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