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

Salaries at psychiatric hospitals to go up by 50%

The parliamentary Committee on Health has decided to raise the pay of the people employed at state-run psychiatric hospitals by 50% as of 1 May this year. The MPs tasked two cabinet ministers - of health and of finance – to take the necessary steps,..

published on 4/3/25 9:02 AM

Parliament votes motion of no confidence in the government

The National Assembly is to vote the motion of no confidence in the cabinet of Rosen Zhelyazkov today. MPs discuss vote of no confidence in Rosen Zhelyazkov’s cabinet Rosen Zhelyazkov: We are resilient, so as not to be misled by the..

published on 4/3/25 7:05 AM

Bulgarian canning industry now has its own holiday

For the first time, the Day of the Bulgarian Canning Industry will be marked on April 3. The solemn event will take place in the University of Food Technologies in Plovdiv. A round table on the topic "The Canning Industry in Bulgaria..

published on 4/3/25 6:55 AM