TPP Maritza East 2 will sell 1 million megawatt-hours of its electricity on the regulated market for a period of one year. This has become clear from an order signed by Minister of Energy Andrey Zhivkov. The goal is avoiding stop of operation of the power plant because of inability to sell its expensive electricity on the free market.
The ministry says that the measure is temporary and is being taken because the TPP is needed to cover domestic consumption. It is yet to be seen what the effect of the minister's order on the price of electricity for households will be. The price is expected to rise by an average of 3% from July 1.
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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