Support The Moscow Times!

Now is the time to support independent reporting from Russia!

Contribute Today

Belene Contract Redrafted

Bulgaria will probably offer Rosatom to redraft a nuclear power plant construction contract to reflect new financing needs, Bulgarian Energy and Economy Minister Traicho Traikov said Saturday in Sofia.

The project to build the 2,000-megawatt plant at Belene has been stalled since a 2005 contract because of a lack of funding and demands by Rosatom for higher construction costs.

The current contract is an agreement between two states to build and operate an atomic power plant without reference to funding sources and the future plant's viability, Traikov said.


Read more

Russia media is under attack.

At least 10 independent media outlets have been blocked or closed down over their coverage of the war in Ukraine.

The Moscow Times needs your help more than ever as we cover this devastating invasion and its sweeping impacts on Russian society.