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EBRD loan to support green initiatives in Bulgaria and Greece

The European Bank for Reconstruction and Development (EBRD) is providing a 60 million euros loan to Bulgaria’s ProCredit Bank to finance investments that mitigate the impacts of climate change and promote environmental...

Serbia Helps Bulgaria Ensure Navigability of Danube

Minister of Construction, Transport and Infrastructure Tomislav Momirovic said in Sofia that the government of Bulgaria accepted the help offered by Serbia in the form of machines, which will carry out the...

Greece-Bulgaria gas interconnector operational from 1 July

The gas connection between Bulgaria and Greece will start operating on 1 July, with Bulgaria poised to receive one billion cubic meters of gas from Azerbaijan – enough to meet the country’s...

EBRD to Acquire Stake in Bulgaria’s Euroins Insurance Group

The European Bank for Reconstruction and Development (EBRD) signed an agreement to acquire a minority stake in Bulgaria’s Euroins Insurance Group (EIG), one of the largest independent non-life insurance groups in central,...

Southeast Europe: EE & RE and Smart Cities Conference in Sofia, Bulgaria

EE & RE and Smart Cities will be held in Sofia, Bulgaria from 27 to 29 March 2018. The event is the only one in Bulgaria in 'еxhibition and conference' format in...

The Use of Renewable Energy in Bulgaria Grew by Almost 10%

The consumption of energy from renewable sources has increased by nearly ten percent in Bulgaria during the first seven months of 2017, according to data from the Electricity System Operator, announced on...

Bulgaria and Serbia Signed Memorandum of Understanding on Gas Interconnector

Bulgarian outgoing Minister of Energy Temenuzhka Petkova and her Serbian counterpart - Minister of Energy and Mining Aleksandar Antić, inked a Memorandum of Understanding on the project for construction of a gas...

EBRD Finances Krumovgrad Gold-Silver Mine in Bulgaria

EBRD to become shareholder in Canadian investor Dundee Precious Metals to promote highest industry standards. The European Bank for Reconstruction and Development (EBRD) is investing C$ 43.7 million (approximately US$ 32.7 million...

Bulgaria-Greece Gas Interconnector Construction Faces Delay – Report

The start of construction on the gas interconnector between Bulgaria and Greece could be delayed by at least six months, a Bulgarian media report said on August 4. Even though the project has...

Greenpeace: Investment in Nuclear Power Plants is Expensive

Greenpeace activists from eight countries, during the International Conference on Nuclear Energy for New Europe (NENE), held in Portorož, sent the message, "Nuclear fairy tale, costly reality!" In a referendum to be held...

How Solar & Storage Will Drive the Balkan Green Energy Transition

The Balkans region is one of Europe’s most promising areas for solar growth. Boasting excellent solar irradiation and a rapidly improving investment climate, the region is making headway in realizing its solar...

July Sets New Temperature Records

Extreme heat hit hundreds of millions of people throughout July, with a domino effect felt right across society. July was one of the hottest - if not the hottest - month on...

EBRD and EU to Mobilise Up to 100 Million Euros for Critical Raw Materials Investments

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a joint facility to provide equity investments for the exploration of critical and strategic raw materials, aiming...

Which EU Countries Have Met the Targets for Public Chargers?

The number of public chargers for electric vehicles has tripled in the previous three years in the EU. Data collated by the European Federation for Transport & Environment showed that at the...

MDBs Publish Shared Vision for Circular Economy Finance at WCEF 2024

During the World Circular Economy Forum (WCEF) 2024 in Brussels, leading multilateral development banks (MDBs), including the European Bank for Reconstruction and Development (EBRD), presented their Circular Economy Working Group’s shared vision...

SECOND ROUND OF AUCTIONS FOR 400MW THIS YEAR

Under the auspices of the Investment Forum for the Western Balkans, participants of one of the panel discussions will talk about private sector investments in renewable energy sources. The panel participants also...

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