“Bulgaria will build 200 kilometres of gas pipelines worth 250 million euro in the Maritsa coal basin, indicates the updated national restoration plan under which the country is to receive EU funding for sustainable development. The pipes can be used for the delivery of hydrogen which is the backbone of the essential reform of the Maritsa coal basin and will directly eliminate the carbon emissions from electricity generation,” said Ivelina Vasileva, Chair of the parliamentary Environment and Waters Committee during an online conference “EU Recovery and Sustainability Fund for the transition in Bulgaria.”
The changes to the national plan reflect the criticism that the projects do not include the coal mining regions which are key to energy transformation, investor.bg writes.
The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..
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..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in..
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