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 remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
For the third consecutive year, Karin Dom – Varna is organizing the charitable initiative “Ivan Stanchov Awards” in memory of the Bulgarian diplomat and founder of the organization, Ambassador Ivan Stanchov. On October 23, awards will be presented..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before..
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