The forthcoming market union with Romania will not have a significant impact on electricity prices. This is what CEO of the Independent Bulgarian Energy Exchange Konstantin Konstantinov said. Speaking to the parliamentary committee, discussing the high electricity prices on the stock exchange, Konstantinov said: "The market union with Greece, as well as any other market union does not affect prices. Therefore, we should not expect any miracles from the market union with Romania ".
Answering criticism that this country exported its cheap energy and sold expensive electricity on the Bulgarian market, the executive director of the Bulgarian Energy Holding Valentin Nikolov replied: "We are satisfying a deficit in the region, not in Bulgaria. There is no deficit in Bulgaria. Things do not look bright in the region in terms of prices, unless new power plants are built."
The third vote of no confidence against the cabinet of Rosen Zhelyazkov has also proved unsuccessful. 130 of the MPs present from GERB - SDS, BSP - United Left, ITN and "DPS - New Beginning" voted against the proposal. 54 MPs from..
Foreign Minister Georg Georgiev has met with ambassadors and diplomats from EU Member States, the US, Canada, the UK and Switzerland in Bulgaria. The diplomats were briefed in detail on the increasing trends of institutional..
A concession will be granted for the Port of Varna, which is an opportunity for investments worth hundreds of millions, Deputy Prime Minister Grozdan Karadzhov told the Parliamentary Committee on Transport and Communications, as quoted by..
The European Commission has announced that the EU will invest nearly €37.5 million in the construction and modernisation of six parking areas with a..
The plenary debate on the third motion of no confidence against Rosen Zhelyazkov's government, proposed by the Revival party, has concluded . According to..
It will be sunny and hot on Friday. Maximum temperatures will range between 33°C and 38°C, around 33°C in Sofia. It will also be sunny along the..
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