Bulgaria aims to limit the cost of the Belene nuclear plant being built by Russia’s ZAO Atomstroyexport to 7 billion euros ($8.8 billion), Prime Minister Boiko Borissov said.
Traicho Traikov, a former Bulgarian economy and energy minister fired for delaying work on energy projects, will be succeeded by his deputy, Delyan Dobrev, Prime Minister Boiko Borissov said.
Bulgarian ministers, their deputies and regional governors returned about 604,000 lev ($406,000) in bonus payments received since they took office in 2009 to keep their jobs.
Bulgarian Prime Minister Boiko Borissov’s minority Cabinet survived its first no-confidence vote in Parliament demanded by opposition parties for mismanaging the health-care system.
Bulgarian Prime Minister Boiko Borissov ordered his ministers to return all bonus payments they have received since taking office in 2009 or be fired, in a move that follows criticism from opposition politicians.
Bulgarian President Georgi Parvanov set up a party to challenge Prime Minister Boiko Borissov’ s Cabinet, which he said lacked the competence to handle the country’s economic crisis.
The road north of Sofia hasn't changed since I crashed and destroyed a rental car there more than 20 years ago, rushing to see protesters torch the Bulgarian Communist Party headquarters.
Bulgaria’s ruling party, Gerb, tightened its grip on power in the Balkan country as its candidate, Rosen Plevneliev, won the presidential runoff election.
"Today's agreement is a huge step toward Bulgaria's diversification of energy sources."
- Boiko Borissov on Aug 29, 2012