"Since the beginning of August, Bulgaria’s electricity prices were the highest in the entire EU. This is due to the damaging and incompetent management of the energy sector to the detriment of this country’s economy and households. We demand the resignation of Bulgaria’s Minister of Economy, the governing board of the Bulgarian Energy Holding and Maritsa East 2 thermal power plant”, announced the Chairman of the Governing Board of the Bulgarian Industrial Capital Association Vasil Velev after a meeting with this country’s caretaker Premier Stefan Yanev. “The high energy prices make the Bulgarian produce uncompetitive”, noted Vasil Velev.
The competent authorities are to analyze the situation in the energy sector and look for the right decisions, Premier Yanev pointed out.
In August, the price of electricity on the Day Ahead Market reached 155.19 EUR/MWh.
Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..
“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..
The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
On Tuesday , the lowest temperatures will be between 3 and 8°C; in Sofia – about 4°C. During the day before noon cloudiness will be..
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