Valeri Simeonov, leader of the National Front for the Salvation of Bulgaria announced that the ruling coalition has made the decision to reduce, considerably, the money for the power system’s cold reserve. This will take place by order of Energy Minister Temenuzhka Petkova.
In the words of Valeri Simeonov the state has serious suspicions that the money paid to maintain the cold reserve is being misused. He explained that the state is paying millions but that in exchange for this money some energy producers are doing practically nothing and cannot ensure the emergency start-up of additional capacities. According to Valeri Simeonov, the cold reserve is a form of siphoning off of the state budget.
"Varna" thermal power plant is among the power stations which maintain a cold reserve. It is owned by the chairman of honour of the Movement for Rights and Freedoms Ahmed Dogan.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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