Bulgaria begins paying back its debt to Russia for worth 670 M euro the Belene N-plant. By year-end the greater part of the amount (400 M euro) will be paid back, Bulgarian Energy Minister Temenuzhka Petkova has said in Vratsa, Southwestern Bulgaria, taking a question from a National Radio reporter. She has thus confirmed reports circulated yesterday night by the Russian news agency TASS. The energy minister has explained that for the time being the National Electric Company cannot not provide the amount needed to pay the debt back and that various options will be considered including state debt. Regarding the interest rate worth 167,000 euro a day that Bulgaria is expected to pay, it is likely to be reduced because of technical errors. Both the Court of Arbitration in Geneva and the Russian government have been informed about it, Temenuzhka Petkova has said.
The combination of a favorable climate, beautiful nature, mineral water springs and healing mud in Bulgaria favors the development of resort treatment. During the 11th Annual Congress of the Bulgarian Union of Balneology and Spa..
The European Commissioner for International Partnerships, Jutta Urpilainen, is coming today on a working visit to Bulgaria , the European Commission announced. In Sofia, she will meet with the Minister of Foreign Affairs Ivan Kondov, as well as with..
For the fourth year, one of the most beautiful places to fly in the world - the Belogradchik rocks, will host the Balloon Fiesta. Pilots from various European countries will take part with their balloons in the event, which will last from..
From today until September 15, Sofia's Vitosha boulevard and the park in front of the National Palace of Culture are transformed into a huge open-air..
It is 80 years, on 9 September, since the communist coup d'état which put an end to the Kingdom of Bulgaria. Talking about the communist past is..
Over a hundred participants in the voluntary teams of the Bulgarian Red Cross for disaster and crisis action, as well as representatives of the..
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