ORESHAK, Bulgaria (Reuters) – In a dimly lit cellar festooned with cobwebs, Sando and Lilyana keep enough home-made food provisions to survive whatever may befall their mountain village, be it recession or cold.
Regardless of living standards and social status, there is hardly a Bulgarian family which does not store at least a jar of home-made pickles, personal favorites with late communist dictator Todor Zhivkov and present Prime Minister Boiko Borisov.
SOFIA (Reuters) – A rush to cash in on incentives to develop renewable energy projects in Bulgaria could end up in so much new supply it could cause blackouts on the national grid, the operator told Reuters on Tuesday.
Ivan Ayolov, chief executive of the state electricity system operator (ESO) said in an interview the government should impose stricter regulations to bar speculators.
SOFIA, Oct 28 (Reuters) – German utility RWE <RWEG.DE> has
left Bulgaria’s planned Belene nuclear power plant due to
funding problems and Sofia will redesign the project in the next
year to attract new investors, officials said on Wednesday.
RWE said in a statement the funding issue could not be
resolved in time and it had decided to walk out.