The National Assembly voted, at second reading, to give the go-ahead to cooperation with the US for the construction of reactors 7 and 8 of the Kozloduy Nuclear Power Plant.
Before the vote in plenary, the bill for the ratification of the agreement between the governments of Bulgaria and the US for cooperation under the project for the construction of nuclear capacities at NPP Kozloduy and Bulgaria’s civil nuclear power programme, was adopted at the parliamentary energy committee with the support of GERB/SDS, We Continue the Change/Democratic Bulgaria (PP/DB), the Movement for Rights and Freedoms and There Is such a People (ITN).
The agreement was signed in Sofia on 12 February, 2024. By force of another decision, parliament mandated the holding of negotiations, by 15 April, between Kozloduy NPP-New Capacities and Hyundai Engineering & Construction Co., Ltd. for the construction of the new reactors using Westinghouse’s AP 1000 technology.
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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..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate..
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