“The claim of Bulgaria’s Premier Kiril Petkov that the energy regulator failed to protect the public interest during the January gas price increase is absurd”, the Chairperson of the Energy and Water Regulatory Commission Ivan Ivanov said.
"This means two things- a very low level of awareness or incompetence” Ivan Ivanov said for the BNR. "The Prime Minister should respect the independence of the Energy and Water Regulatory Commission, instead of thinking that the commission is obliged to coordinate its decisions with the cabinet in advance", Ivan Ivanov added.
In his view, the sharp rise in electricity prices could have been prevented through a temporary reduction of VAT on electricity to 10%. "I expect a letter from the European Commission commenting on the actions of Bulgaria’s Prime Minister and other Bulgarian politicians," Ivan Ivanov added.
“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..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
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..
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