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.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
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..
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