BULGARIA The Belene nuclear power project is not vital for Bulgaria’s energy security, Energy Minister Traicho Traikov said. In an interview with bTV, he downplayed speculation that the country must bring the proposed station onstream if it is to guarantee supplies by 2020. If it builds capacity at the coal-fired …

BULGARIA Deputy Minister of Finance Anna Mihaylova said that entering the Eurozone was a priority for the cabinet. However, she highlighted that in first place Bulgaria should work fast in order to enter the exchange rate mechanism (ERM II). ‘The support of the other EU member states, of the EU, …

RUSSIA Russian PM Vladimir Putin has promised relatives of victims of an explosion at a Russian hydro-electric power plant 1m roubles ($30,000) each in compensation. The death toll from Monday’s blast at the Sayano-Shushenskaya plant in Siberia now stands at 47, with 28 people missing and assumed dead. Mr Putin …