The government will not allow a rise in the price of electricity for household users after the full liberalization of the electricity market, Prime Minister Nikolay Denkov said before the start of today’s Council of Ministers sitting. His comment comes in response to the fears that electricity bills will go up, triggered by the amendments to the Energy Act.
“I would like to reassure all Bulgarian citizens that this is not going to happen. A price-formation model is in place which will keep the price of electricity for household users the same up until mid-2024,” the prime minister said. After that, a change is possible on the basis of a decision by the Energy and Water Regulatory Commission. Even then, the price rise would not be by more than a few percent, PM Denkov said.
2023 was another year in which high-level corruption in Bulgaria remained under the radar, as the criminal proceedings conducted did not reflect the true state of corruption in the public sector, according to one of the findings of the Anti-Corruption..
The last elections took place under the shadow of Kremlin's disinformation, which is one of the main tools used in the internal political processes in our country, caretaker Minister of Defense Atanas Zapryanov said at a round table..
"The newly elected Prime Minister of the Republic of North Macedonia chose confrontation and trampling over European principles and from the highest parliamentary rostrum made it clear that he intends to divert the country from its..
Caretaker Minister of Interior Kalin Stoyanov is attending the ministerial conference of the Salzburg Forum countries in Vienna, the Ministry of..
The Bulgarian Development Bank (BDB) is starting "unlimited" financing for the country's defense industry. According to caretaker Minister of..
On Tuesday it will be mostly sunny before noon, with light to moderate east-northeasterly winds in the afternoon. Maximum temperatures will be between..
sunshine, cloud, rain and thunder
Partly Cloudy
Mostly Cloudy