Executive Director of AES, one of the US-owned power plants in Bulgaria’s Maritza East complex, Ivan Tsankov, has told the Bulgarian National Radio that any change in the long-term contracts for buying produced energy should be approved by creditor banks.
This, according to Tsankov, would take a long time. The company has made planned investments, but debts towards have not been paid yet.
Last week it became clear that the government was willing to comply with the call of employers' organizations, who want contracts with the two US-owned plants terminated. According to employers this could happen within a few weeks.
“This parliament is like quicksand – war in the Movement for Rights and Freedoms, a split Bulgarian Socialist Party, Velichine falling apart,” said former PM Nikolay Denkov, chair of the parliamentary group of We Continue the Change/Democratic..
“No towns or villages are at risk from the fires that have broken out around the country,” Chief Commissioner Alexander Dzhartov, Director of the General Directorate Fire Safety and Civil Protection said for the BNR. Partial state of..
A draft decision by the Council of Ministers, published for discussion, envisages a poverty line of 638 Leva (a little over EUR 325). The poverty line for this year stands at 526 Leva (a little over EUR 268), or an increase of 21%. The proposal..
The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in..
13 bands from abroad will perform on the big stage of the 4 th edition of Midalidare - Rock in the Wine Valley , 12-14 July, alongside the..
President Rumen Radev is to hand the second governing-forming mandate next week. ''I expect We Continue the Change - Democratic Bulgaria (PP-DB) to..
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