The Specialized Prosecutor's Office is launching an investigation into the record high prices of electricity traded on the energy exchange. Last week, employers' organizations sent a letter to this country’s caretaker Premier Stefan Yanev requesting urgent action on the electricity prices. In August, the price of electricity on the energy exchange in the Day Ahead segment exceeded EUR 205/MWh.
The Specialized Prosecutor's Office requested documents and information from various institutions such as the Ministry of Energy, the Bulgarian Energy Holding and the Independent Bulgarian Energy Exchange (IBEX). The State Agency for National Security (SANS) is also expected to undertake inspections.
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
Overcast, rain
sunshine, cloud, rain and thunder
Rain