Natsionalna Elektricheska Kompania (NEK) and the Kozloduy nuclear power plant will continue working on their framework agreements and public procurement contracts with Russian companies. This was what the cabinet decided after the EU allowed Bulgaria to use a derogation on this issue from the sanctions, the newspaper "24 Chasa" reports.
Nuclear energy is unlikely to be included in EU's new package of sanctions against Russia, Politico writes. The article refers to a diplomatic source in Brussels saying that Bulgaria is against these sanctions, as the country exports electricity to Greece and the Western Balkans, produced in a nuclear power plant operating with Russian technology.
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
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