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Diana Kovacheva

Bulgaria's ombudsman demands higher compensations for household consumers of natural gas

Bulgaria's ombudsman Diana Kovacheva insists that the compensations for the household consumers of natural gas be increased. In a letter to the ministers of finance and energy Assen Vassilev and Alexander Nikolov, she informs that citizens feel..

10.03.22 14:44 |

Moratorium on electricity, heating and water prices will not be extended

The moratorium on electricity, heating and water prices, which expires on March 31st, would not be extended, Minister of Finance Assen Vassilev announced. The regulator has been calculating a price that is to take effect after the..

09.03.22 16:19 |

Higher electricity prices if Gazprom halts deliveries to Europe: Energy Minister Alexander Nikolov

According to Bulgaria’s Energy Minister Alexander Nikolov, a possible stoppage of deliveries by Gazprom to Europe would indirectly impact the price of gas in this country. “This would mean a drastic rise in electricity prices in Europe,..

05.03.22 11:47 |
Energy Minister Alexander Nikolov

Bulgaria to negotiate with Azerbaijan in case of hindered supply of Russian natural gas

Bulgaria will negotiate with Azerbaijan for additional quantities of natural gas if there is a problem with Russian supplies of natural gas, said Energy Minister Alexander Nikolov in the relevant parliamentary committee. According to him, there is a..

02.03.22 18:29 |
Lines of cars leaving Kyiv, 24 February, 2022

Bulgarians in Ukraine are waiting to see developments

In an interview for the BNR. Assoc. Prof Daniel Benatov , who lives in Kyiv stated that people there are afraid there might be electricity and petrol shortages. “There are a lot of people at the gas stations. For the time being, people with..

24.02.22 10:17 |

Bulgarian Development Bank to provide loans to businesses over expensive electricity

The Bulgarian Development Bank will help companies over unexpected increases in electricity prices, Minister of Innovation and Growth Daniel Lorer said. For this purpose, loans of up to 100,000 euros will be granted to small and medium-sized..

18.02.22 16:09 |

No big rise in electricity prices expected after end of moratorium

The new chairman of the Energy and Water Regulatory Commission, Stanislav Todorov, does not expect a significant rise in electricity prices for households after the moratorium is lifted. However, he did not make any predictions, as he needed more..

10.02.22 18:32 |

Municipalities to receive assistance due to expensive electricity

Representatives of the National Association of Municipalities and the Minister of Finance Assen Vassilev have agreed on additional compensation for the municipalities due to the high electricity bills , the chairman of the association Daniel Panov told..

08.02.22 19:30 |

MEPs reject proposal for financial aid to hospitals over electricity prices

With 7 votes "in favour" and 12 abstentions, the parliamentary energy commission has rejected GERB-SDS's proposal to provide state aid due to the expensive electricity to municipalities, hospitals, kindergartens, schools and religious institutions. The..

01.02.22 19:00 |
Energy Minister Alexander Nikolov

Bulgaria stands to lose if it stops exporting electricity: Energy Minister Alexander Nikolov

“It would only be possible for Bulgaria to stop exporting electricity if we agree not to be in the EU,” Bulgaria’s Energy Minister Alexander Nikolov said in an interview with Nova TV. “If we stop exporting electricity the price will fall. But..

31.01.22 10:41 |
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