Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

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

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

President Rumen Radev pays working visit to Greece

On 2 July, Bulgarian President Rumen Radev is to take part in the opening of the 28th Annual Economist Government Roundtable, the Bulgarian news agency BTA reports. The international forum brings together state leaders from Greece and the region,..

published on 7/2/24 7:40 AM
Kiril Petkov

PP-DB reaffirms its refusal to support a GERB-SDS government

On Facebook, Kiril Petkov, co-leader of We Continue the Change - Democratic Bulgaria (PP-DB), said that this coalition would not support "the GERB-SDS government that Peevski dreams of, because the next reforms that Bulgaria needs are impossible with..

published on 7/1/24 6:13 PM

Weather forecast: Orange weather warning for rain for the Northwest, the regions of Sofia and Rouse

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 will be brief showers, thunderstorms and hail. Minimum temperatures 19-24° C., for Sofia 20° C.,..

published on 7/1/24 6:05 PM