Sat, Nov 07 2009
The closure of two Kozlodui nuclear power plant reactors will lead to a loss of more than 1.6 billion euro for Bulgaria's energy sector.
Additional sums varying between 250 and 750 million euro will be lost due to the inability of Bulgaria to trade larger energy volumes, Economy Minister Roumen Ovcharov said yesterday.
After January 1 2007, the Kozlodui exploitation expenditure will reach 590 million euro, an expert analysis shows. The power plant has to invest more than 600 million euro in other projects, Darik radio reported.
The closure of blocks will lead to increases in the price of electricity, Ovcharov said. Higher electricity prices will also affect inflation levels through the expected increase in the prices of other goods and services.
According to government analysis household incomes will decrease due to the expensive electricity, bringing consumption down.
Seven thousand people lost their jobs in October, labour minister says
Once the promotional tickets are purchased during the discount window, they will be valid for the period January 4–March 30 2010
Flannagan’s will be replaced by a French brasserie as part of a 10 million euro Radisson renovation
Globul has accumulated a profit of 139.1 million euro for the period January – September 2009, or a 0.3 per cent drop as opposed on last year’s results
After 100 days in office, Finance Minister Simeon Dyankov pinpoints 10 key issues for Cabinet in ‘the next 100 days’