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

Financing for power system’s cold reserve slashed over suspected abuse

Valeri Simeonov
Photo: BGNES

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



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

Police busted a migrant smuggling ring operating from Syria and Iraq through Turkey

Sixteen people were arrested for trafficking illegal migrants, the Interior Ministry said. This operation was carried out by Bulgarian authorities on June 3. It took place in six districts of the country: Sofia, Burgas, Kardzhali, Stara Zagora, Haskovo..

published on 6/5/25 5:35 PM

Owners sought for the ferries "Heroes of Sevastopol" and "Heroes of Odessa"

The Bulgarian Maritime Training Center, is seeking state assistance to accelerate the procedures for the sale of the ferries "Heroes of Sevastopol" and "Heroes of Odessa" and the ship "Atanas Dimitrov", manager of the center, Dencho..

published on 6/5/25 4:42 PM
Georg Georgiev

Bulgaria will not back down from its conditions for EU membership of North Macedonia

Bulgaria will not back down from its principled position for EU integration of the Western Balkans and is respecting its commitments, but it also insists that the Republic of North Macedonia respects the agreements reached. This..

published on 6/5/25 3:10 PM