Bulgarian Business Club Newspaper

Posts tagged with the keyword: ‘Belene NPP’

Bulgaria Ex Minister Set to Refer Past Energy Deals to Prosecution

Bulgaria Ex Minister Set to Refer Past Energy Deals to Prosecution

Bulgaria’s ex Energy Minister, Rumen Ovcharov, plans to refer to the Prosecutor’s Office two crucial energy deals made in the late 1990s. Ovcharov, who was the Economy and Energy Minister in the Stanishev government in 2005-2007, and is currently a MP from the opposition Socialist Party, has made it clear he is eager to oppose [...]

Bulgaria Energy Minister: Nuclear Plant Needs EU Investor

Bulgaria Energy Minister: Nuclear Plant Needs EU Investor

  Bulgaria’s Economy and Energy Minister, Traicho Traikov, declared that there aren’t any disagreements between him and Finance Minister, Simeon Djankov. Traikov spoke in an interview for Darik radio Saturday, addressing reports that the two do not see eye to eye regarding the project to build a second Nuclear Power Plant (NPP) in the Danube [...]

Bulgaria PM to Seek Parliament Support for Guantanamo Prisoners

Bulgaria PM to Seek Parliament Support for Guantanamo Prisoners

Bulgaria PM Boyko Borisov has stated that the center-right GERB government will want a mandate from all of the Parliamentary groups to adopt any plan to accept Guantanamo Bay prisoners from the US. “There is European and NATO solidarity. Just like them we seek support for everything from our Euro-Atlantic partners, President Obama is now [...]

Russia Confirms Bulgaria Interest in Joint Energy Projects

Russia Confirms Bulgaria Interest in Joint Energy Projects

The Russian Energy Ministry has stated that Bulgaria is interested in all of the planned Russian-Bulgarian energy projects, in a press release Saturday. The press release, quoted by RIA Novosti, stated that “The Minister of Economy, Energy and Tourism of Bulgaria Traicho Traikov expressed interest in principle in the implementation of general energy projects with [...]

RWE CEO: We Left Bulgaria’s Belene Nuclear Plant over Missed Deadlines

RWE CEO: We Left Bulgaria’s Belene Nuclear Plant over Missed Deadlines

The German energy company RWE has decided to withdraw from the construction of Bulgaria’s second nuclear power plant at Belene over the failure to achieve the key stages of the project. This becomes clear from a letter of the RWE CEO, Juergen Grossman, to the head of the Bulgarian Energy Company NEK, which was supposed [...]

Bulgaria Ex-Finance Minister Attacks Budget 2010

Bulgaria Ex-Finance Minister Attacks Budget 2010

Bulgaria’s former Finance Minister, Plamen Oresharski, launched Friday a critical attack on the budget 2010 approved by the new cabinet this week. Oresharski, who spoke during the morning block of the TV channel PRO.BG, said the budget has no goals or policies. “It says inside they will slate more money for health care, ecology, infrastructure, [...]

Bulgaria Minister: RWE Shies from Commitment to Belene Nuclear Plant

Bulgaria Minister: RWE Shies from Commitment to Belene Nuclear Plant

Bulgaria’s Minister of Economy, Energy, and Tourism, Traicho Traikov, said Friday the German company RWE was unwilling to commit firmly to the planned Bulgarian Belene Nuclear Power Plant. Speaking in Parliament, Traikov said the government was currently preparing to pick a consultant that was going to help it select private investors for a share of [...]

Russia Tells Bulgaria about Proposed Expansion of South Stream

Russia Tells Bulgaria about Proposed Expansion of South Stream

The Russian side has supplied Bulgaria with detailed information on its plans for the expansion of the South Stream gas transit pipeline project. This has been announced by the Russian Ministry of Energy after Thursday’s meeting in Moscow between Bulgaria’s Minister of Energy, Economy, and Tourism, Traicho Traikov, and the Russian Energy Minister, Sergei Shmatko. [...]

PM Borisov: Bulgaria Lost 20 Years Because of Former Communists

PM Borisov: Bulgaria Lost 20 Years Because of Former Communists

Bulgaria has lost the last 20 years of its history because of the descendants of the former Communist Party, i.e. the Bulgarian Socialist Party. This is the view of Bulgaria’s Prime Minister, Boyko Borisov, who is the leader of the ruling center-right GERB party. “I can’t stop laughing at those who say that GERB is [...]

Finance Minister: Bulgaria’s Energy Policy Has Served Russia

Finance Minister: Bulgaria’s Energy Policy Has Served Russia

Bulgaria’s energy policy has so far followed the “anything Russia wants” principle, Finance Minister Simeon Djankov said. During a meeting with local businessmen in the southern city of Smolyan Thursday night, Djankov pointed out Bulgaria’s energy policy under the previous government had been guided by a small group of party functionaries connected with pro-Russian interests. [...]

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