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Economy

Negotiations for the construction of new units of Kozloduy NPP will be conducted only with Hyundai, MPs decided

After more than two hours of debate, the MPs adopted by one vote more the decision to negotiate with the only qualified bidder - the Korean company Hyundai - for the construction of the 7th and 8th units of Kozloduy nuclear power plant. The MPs rejected the proposal of “We Continue the...
Negotiations for the construction of new units of Kozloduy NPP will be conducted only with Hyundai, MPs decided
Hyundai fears unfair competition in construction of Kozloduy NPP units 7 and 8
Hyundai fears unfair competition in construction of Kozloduy NPP units 7 and 8
The South Korean company Hyundai fears potentially unfair competition during the construction process of the seventh and eighth units at Kozloduy Nuclear Power Plant. This was said in a statement...
Thermal Power Plant "ContourGlobal Maritsa-East" 3 stopped working
Thermal Power Plant "ContourGlobal Maritsa-East" 3 stopped working
Thermal Power Plant "ContourGlobal Maritsa-East" 3 stopped working at 23.59 last night, February 20. As of today, February 21, the plant no longer has a contract with the National Electricity...
Women's salaries in Bulgaria remain lower than men's, national statistics data shows
Women's salaries in Bulgaria remain lower than men's, national statistics data shows
In 2022, women's average hourly earnings were 12.6% lower than men's, according to the latest National Statistical Institute data on the gender pay gap. The largest pay gaps are in the sectors...
GERB and MRF propose accelerated negotiations for new Nuclear Power Plant units
Kozloduy NPP to start negotiations with the potential builder of new units at the plant - the South Korean company Hyundai. This is what MP Delyan...
NSI announced the inflation rate in Bulgaria for January
Monthly inflation for January 2024 is 0.5% and annual inflation is 3.8%, according to preliminary data from the National Statistical Institute...
Finance Minister Vassilev at IMF: 1 January 2025 remains the target date for the euro changeover in Bulgaria
Bulgaria's readiness to join the euro area was the main focus of Finance Minister Assen Vassilev's talks with International Monetary Fund Managing...
BNB completes the approval process for the design of Bulgaria's future euro coins
The Bulgarian National Bank completed the process of coordinating and approving the design of the Bulgarian euro coins. This is another...
US Corporation for International Development is interested in financing energy projects in Bulgaria
US Corporation for International Development is interested in financing energy projects in Bulgaria
Opportunities for investment in energy projects in Bulgaria and the North-South transport and...
Agricultural producers and farm animal breeders protest in the centre of Sofia
Agricultural producers and farm animal breeders protest in the centre of Sofia
26 agricultural organisations blocked the square in front of the Council of Ministers in Sofia...
Time of parting - farmers' protests during an agreement
Time of parting - farmers' protests during an agreement
Tensions remain in the agriculture sector. While some farmers are signing an agreement with the...
Burgas airport will be closed for a month for renovation
Burgas airport will be closed for a month for renovation
Burgas Airport will be temporarily closed for nearly a month due to the need for repair works,...
IMF managing director: European governments may regret supporting protesting farmers
IMF managing director: European governments may regret supporting protesting farmers
Governments in Europe should resist calls for greater financial support from protesting farmers...
Parliament adopted changes to the Energy Act at second reading
Parliament adopted changes to the Energy Act at second reading
The Parliament adopted at second reading amendments to the Energy Act, allowing gas consumers to...
Negotiations between farmers and government reach no consensus, protests continue (update)
Negotiations between farmers and government reach no consensus, protests continue (update)
After the blockades, the lit straw and the tonnes of spilled milk, the government and the...
Energy diversification and new nuclear capacities in the focus of Bulgaria's Finance Minister's visit to the US
Energy diversification and new nuclear capacities in the focus of Bulgaria's Finance Minister's visit to the US
Bulgaria’s Minister of Finance, Assen Vassilev, held talks with United States...
Protesting farmers blocked roads across Bulgaria
Protesting farmers blocked roads across Bulgaria
Dozens of locations across the country were blocked for two hours by tractors and heavy farming...
Prime Minister: No reason for farmers' protests
Prime Minister: No reason for farmers' protests
There are no grounds for the farmers' protests. It is no coincidence that they are being staged...
Fishermen from Varna: Offshore wind farms in the Black Sea could potentially drive fish away
Fishermen from Varna: Offshore wind farms in the Black Sea could potentially drive fish away
If wind farms are built in the Black Sea, this could potentially drive fish away, further out to...
2.2% is the budget deficit for 2023, Ministry of Finance says
2.2% is the budget deficit for 2023, Ministry of Finance says
2.2% is the budget deficit for 2023, calculated according to the European methodology, the...
Inflation-linked or cartel? Why are telecoms in Bulgaria raising the prices?
Inflation-linked or cartel? Why are telecoms in Bulgaria raising the prices?
All three telecommunications companies in the country announced a new price hike due to...
Bulgarian grain farmers prepare for protests
Bulgarian grain farmers prepare for protests
The Association of Grain Producers begins preparations for effective protests next week, the...
Bulgaria to ask for extraordinary convergence report from Brussels over eurozone
Bulgaria to ask for extraordinary convergence report from Brussels over eurozone
Bulgaria will request an extraordinary convergence report from the European Commission in...
Inflation in Bulgaria remains high
Inflation in Bulgaria remains high
Inflation in Bulgaria remains high and the pace at which it is slowing down is insufficient to...
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