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.
The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which..
Army personnel and two helicopters from the 24 th air base at Krumovo have joined the efforts to extinguish a big fire in Mount Sredna Gora close to Pesnopoy village, Kaloyanovo municipality and Mihiltsi village, Hisarya municipality. The..
President Rumen Radev called for the processes of modernization of the navy to continue. On board the frigate Drazki in the Black Sea, the president, the Deputy Minister of Defence Radostin Iliev and the commander of the Bulgarian navy rear admiral..
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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