We will have concrete parameters of Ukraine's interest in the reactors from the unfinished Belene nuclear power plant within 60 days, Bulgaria’s Deputy Minister of Energy Iva Petrova said for “Bulgaria on air” TV. “The National Assembly, which authorized the talks, will have to approve the final decision, because the topic is of high public interest", Deputy Minister Petrova added. Iva Petrova clarified that the timing of the talks was right and they were not related to the visit of Ukraine’s President Volodymyr Zelenskiy in Sofia.
As regards the proposal which envisages that the state becomes a co-shareholder in the consortium which is drilling for gas off Bulgaria’s Black Sea coast, Deputy Minister Petrova said that the mentioned quantities look like an exceptional opportunity. "If these quantities are confirmed, this will fundamentally change Bulgaria's position and the situation on our market", Iva Petrova added.
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
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 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Partly Cloudy
Mostly Cloudy
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain