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.
The European Commission has called on Bulgaria and 25 other EU countries to introduce a fast-track approval procedure for renewable energy projects. The new rules should have been in place by 1 July this year. The EC has launched infringement..
"Stolichen Avtotransport's accounts have been frozen since yesterday, according to mayor Vasil Terziev. He warned that if the company ceased operations, Sofia would be left without public transport. "Deputy Mayor for Finance Ivan Vasilev, like the..
The National Assembly has rejected in first reading the five proposed amendments to the Child Protection Act . The most controversial proposals relate to gender reassignment for children under the age of 18. The bill by "There Is Such a People" (ITN)..
The first coordination meeting with the participation of all structures involved in the contract for the acquisition of Stryker combat vehicles for the..
Friday will be sunny and temperatures will rise during the day to reach 28-33°C, 29°C in the capital. Lows will be between 11 and 16°C, 11°C in Sofia...
Bulgaria supports the United Nations' mission of having humanity's future shaped by development policies and not by military conflicts, President Rumen..
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