Caretaker Energy Minister Andrey Zhivkov is demanding that the Bulgarian Energy Holding remove the management of the gas operator Bulgartransgaz EAD.
The results of a probe by the Energy and Water Regulatory Commission, made public last week, show that in the implementation of the Balkan Stream project Bulgartransgaz has not sought the preliminary consent of the energy and water regulator for the contracts concluded to carry out building works, or for the bank loans used as payment for them, which is a violation of the ordinance on licensing of activities in the energy sector. The Energy and Water Regulatory Commission probe showed that the Balkan Stream project has had a negative effect on the overall financial state of the company and has led to its over-indebtedness.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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