"Since the beginning of August, Bulgaria’s electricity prices were the highest in the entire EU. This is due to the damaging and incompetent management of the energy sector to the detriment of this country’s economy and households. We demand the resignation of Bulgaria’s Minister of Economy, the governing board of the Bulgarian Energy Holding and Maritsa East 2 thermal power plant”, announced the Chairman of the Governing Board of the Bulgarian Industrial Capital Association Vasil Velev after a meeting with this country’s caretaker Premier Stefan Yanev. “The high energy prices make the Bulgarian produce uncompetitive”, noted Vasil Velev.
The competent authorities are to analyze the situation in the energy sector and look for the right decisions, Premier Yanev pointed out.
In August, the price of electricity on the Day Ahead Market reached 155.19 EUR/MWh.
Bulgaria’s caretaker Foreign Minister Ivan Kondov and his Albanian counterpart Igli Hasani confirmed the firm commitment of the two countries to the accelerated construction of transport Corridor 8. Romania has asked to join the construction..
Winds of up to 120 kms. per hour inflicted damage in Vratsa, the biggest town in Bulgaria’s Northwest. Dozens of reports have come in of fallen trees and branches onto vehicles and roads, damaged equipment and torn overhead cables. There were..
A cold front will pass through the country overnight and tomorrow from the northwest . Rain will fall in many places in the western regions and the Danube Plain, and will quickly turn to snow in the high fields of western Bulgaria and the Balkan Range...
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
Mostly Cloudy
Partly cloudy, chance of rain
Partly Cloudy
Partly cloudy, chance of snow