The forthcoming market union with Romania will not have a significant impact on electricity prices. This is what CEO of the Independent Bulgarian Energy Exchange Konstantin Konstantinov said. Speaking to the parliamentary committee, discussing the high electricity prices on the stock exchange, Konstantinov said: "The market union with Greece, as well as any other market union does not affect prices. Therefore, we should not expect any miracles from the market union with Romania ".
Answering criticism that this country exported its cheap energy and sold expensive electricity on the Bulgarian market, the executive director of the Bulgarian Energy Holding Valentin Nikolov replied: "We are satisfying a deficit in the region, not in Bulgaria. There is no deficit in Bulgaria. Things do not look bright in the region in terms of prices, unless new power plants are built."
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..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
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..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder