After a long debate, the National Assembly decided that Kozloduy NPP- New Builds and Hyundai Engineering & Construction hold negotiations by April 15. Hyundai was shortlisted as a potential contractor for the engineering, construction and commissioning of Units 7 and 8 at Kozloduy NPP, using Westingouse’s AP 1000 technology.
After a re-vote, the decision was adopted with 112 votes in favour, 29 against and 82 abstentions. With 52 votes in favour, 161 against and 8 abstentions, the parliament rejected another draft decision submitted by "We Continue the Change-Democratic Bulgaria" to hold parallel negotiations with Hyundai and the American company Bechtel.
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..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits..
Clear
Partly Cloudy