Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Parliamentary Energy Committee overrides President's veto on electricity prices

Photo: BGNES

With 11 votes "for" and 3 "against", the parliamentary committee on energy rejected President Rumen Radev's veto over the amendments to the Energy Act which introduce liberalization of electricity prices for citizens. The MRF and GERB stated that they understand the social arguments of the president, but due to the funds expected by Brussels under the Recovery and Sustainability Plan, the law must be adopted, and it will be further specified how it will be implemented. The next step is for the veto to be voted on in plenary.

GERB convened an extraordinary meeting on Friday (October 27). The mandate holders from "We Continue the Change - Democratic Bulgaria" (PP-DB) declared that they would boycott the meeting.

At the suggestion of the chairman of the commission, Delyan Dobrev, it was adopted in the Law on Excise and Excise Tax Warehouses to return to the old regime, that 50% of fuel reserves in the country should be stored in Bulgaria, that is, in Lukoil's monopoly warehouses, and the remaining 50 % abroad. Under the PP-DB government, 100% storage of fuel reserves was introduced in Bulgaria.



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

Demolition of illegal Roma settlement underway in Sofia

In Sofia's Zaharna Fabrika neighbourhood, in the Ilinden municipality, the authorities have begun demolishing illegal structures inhabited by members of the Roma community. The municipality assures full cooperation with the citizens. The demolition..

published on 4/15/25 3:47 PM

Bulgaria reaps success at EXPO 2025 in Japan

Having made a triumphant return to EXPO 2025 in Osaka, Japan, after 55 years, Bulgaria's pavilion at the world expo is enjoying huge interest. "The investment interest of Japanese entrepreneurs shows that we are on the right track," said Deputy..

published on 4/15/25 3:05 PM
Minister of Finance Temenuzhka Petkova

Finance Minister Petkova confirms Bulgaria's readiness for eurozone integration

Finance Minister Temenuzhka Petkova has announced that Bulgaria is ready to join the eurozone. She made the statement at a business breakfast hosted by the American and British Chambers of Commerce in Bulgaria. Minister Petkova emphasised that Bulgaria..

published on 4/15/25 1:37 PM