The technical approval of the Recovery and Resillience Plan is expected on March 15, after which the assignment of projects can begin, Minister of Finance and Deputy Prime Minister Assen Vassilev said. He confirmed that according to the document, only energy facilities that do not meet environmental standards, such as Brikel and Bobov Dol, would be closed. The Deputy Prime Minister assessed the latest changes in the plan as positive for Bulgaria, especially at the backdrop of the situation in Ukraine.
"It would have affected us much worse if we had accepted the closure of facilities in the Maritsa basin and the construction of a steam and gas plant." The plan includes the construction of facilities for storing electricity through batteries, Assen Vassilev said. According to him, the maintenance of such a facility was a matter of national security, especially in cases of disruption of global supplies and communication routes.
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 President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
+359 2 9336 661