Text size

Bulgarian President expects the European Commission to react to the speculation with electricity prices

published on 12/17/21 10:09 AM

Photo: EPA/BGNES

Bulgaria's President Rumen Radev said the European Commission had not found the reason for the sharp rise in electricity prices in the European Union. After the European Council meeting, he told reporters that the energy market estimates presented did not help to come to a general conclusion about what was driving prices up.

"In my opinion, the reports are not in the necessary depth, because they say that speculation has not been discovered," the president said. He pointed out that the prices of coal and nuclear fuel are the same, and it is not clear where the increase in international prices comes from. "We expect this analysis to continue," Radev added.

The President said that the high price of carbon emissions of 90 euros per tonne stopped the development of energy and this problem needed to be addressed.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News carbon emissions electricity price energy market Rumen Radev

More from category

Photo: Prehistoric salt production and urban center Provadia-Solnitsata

Ancient salt-production complex in Bulgaria's Provadia offers Open Day for visitors

This year, the team exploring the Provadia-Solnitsata archaeological complex is organizing an Open Day on September 22. A new visitor route has been prepared through the complex of the most ancient salt-producing and urban center in Europe...

published on 9/21/25 7:05 AM

The "Big Table" initiative will take place in Sofia for the last time this year

In the summer of 2024, a Sofia municipality and its residents showed how we can be happy and united as a community, sitting at one table. In July 2024, on Exarch Yosif Street and in September on Oborishte Street in the Bulgarian capital Sofia, the first..

published on 9/20/25 9:15 AM

The village of Dolni Rakovets near Pernik is hosting the Garlic Festival

The Garlic Festival will be held on September 21 and 22 at the stadium in the village of Dolni Rakovets, Radomir Municipality, Pernik Region . The event presents the traditional production of Dolni Rakovets garlic. Due to the favorable soil..

published on 9/20/25 7:35 AM