After thousands of people and hundreds of towns and villages were left without electricity for a week, in a statement to the media, the leader of the Movement for Rights and Freedoms (DPS)-New Beginning Delyan Prevski called for the resignation of the members of the Energy and Water Regulatory Commission. “They must stop sheltering behind the weather conditions, hiding behind expired terms of office or insufficient powers, they must take responsibility for their inability to cope with the energy distribution companies. Otherwise, the suspicions will remain of oligarchic and business dependencies, and we are calling for it to be investigated. (…) In view of the resources which the Bulgarian taxpayers have been funneling into the sector, the demand for a 9% rise in the prices of electricity as of 1 January, 2025 is an expression of colossal cynicism and is absolutely unacceptable,” Delyan Peevski writes, and calls on parliament to elect new members of the Energy and Water Regulatory Commission as a matter of urgency.
Bulgaria faces deep structural challenges. The economy is characterized by low added value and regional challenges, chairman of the Bulgarian Industrial Association (BIA), Dobri Mitrev, said. He presented the BIA index for “Economic..
The son of the US President - Donald Trump Jr. and Gila Gamliel, Minister of Science and Technology of Israel, will participate in a business forum in Sofia on April 27, organized by the global digital asset platform Nexo , the company announced...
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a difficult time for Europe, a time when the world is changing rapidly, when it is more important than ever..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a..
Bulgaria’s Ambassador to the United States Georgi Panayotov has requested an early end to his term, the Ministry of Foreign Affairs announced. The..
+359 2 9336 661