The registration of the new management of the Bulgarian Energy Holding (BEH) has been halted by the court after an appeal by BEH’s former CEO, who was removed from office, Valentin Nikolov, BNR’s Juliana Kornazheva reports.
On Friday Energy Minister Andrey Zhivkov dismissed the holding’s board of directors and the board is appealing the decision. The Ministry of Energy gives as the reason for the dismissal: lack of results following the minister’s demand that the management of Bulgartransgaz be dismissed due to breaches connected with the Balkan Stream project and unsatisfactory financial performance. Valentin Nikolov on his part stated that the minister wanted to take over the companies under the umbrella of the holding: Kozloduy Nuclear Power Plant, Bulgargaz, Bulgartransgaz, Maritsa Iztok Thermal Power Plant, Mini Masritsa Iztok.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
+359 2 9336 661