Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Nikola Yankov: The moratorium on electricity prices is incompatible with the market economy concept

Nikola Yankov
Photo: BNT

"The moratorium on electricity, heating and water prices is a disappointing move, which is incompatible with the market economy concept", Nikola Yankov, former Deputy Minister of Economy and  Deputy Minister of Transport said for the BNR. "A modern European country does not govern via moratoriums. The Parliament cannot fix prices in a market economy. The vulnerable groups can be compensated through budgetary programmes", Nikola Yankov noted. In his words the moratorium will be declared unconstitutional, because it violates European pricing directives and directives on the free movement of goods and services. 
"The bad precedent set by this decision will have a cooling effect on investments in Bulgaria's energy sector," Nikola Yankov predicted.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria's President opens business forum in Ho Chi Minh during his Vietnam visit

At the opening of a business forum in Ho Chi Minh City during his official visit to Vietnam, Bulgarian  President Rumen Radev pointed out that Bulgaria can offer a wide range of opportunities for developing mutually beneficial cooperation...

published on 11/27/24 1:46 PM

The Prosecutor's College allowed Sarafov to a hearing before the Supreme Judicial Council's Plenum

The Prosecutor's College of the Supreme Judicial Council approved the reports of the Commission on Attestation and Competitions and the Commission for Professional Ethics regarding the candidacy of Borislav Sarafov for Chief Prosecutor, reported BTA...

published on 11/27/24 12:25 PM

Sofia and Ho Chi Minh exchange letters of intent for cooperation

Sofia and Vietnam’s city of Ho Chi Minh exchanged letters of intent for cooperation. Sofia Mayor Vassil Terziev and Nguyen Van Dung, Vice Chairman of Ho Chi Minh City Municipal People’s Committee, exchanged the documents in the presence of Bulgarian..

published on 11/27/24 12:07 PM