Natsionalna Elektricheska Kompania (NEK) together with Romanian company Hidroelectrica has been updating a project for a hydroelectric power plant on the Danube River, situated between Nikopol and Turnu Măgurele, Minister of Energy Rumen Radev has told journalists in the Belmeken power plant. The idea of a power plant on the Danube with the construction of a dam that would also serve as a bridge is more than half a century old, investor.bg recalls.
Hidroelectrica has two such plants together with Serbia, and the company’s experience can be applied here as well, according to NEK. The work is still at a very early stage and the supposed cost of the project is about 6 billion euros for both countries, Georgiev said.
In the past the project was frozen, as the lower level of the Romanian coast could mean flooding of large areas and small islands.
The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..
The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive. If a stable..
In the next 3 to 5 years, Bulgaria will experience a shortage of more than 250,000 specialists with higher education. For the past 8 years, Bulgaria has missed the opportunity, which a number of EU countries have taken advantage of, to conclude an..
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