Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Nikola Yankov: The moratorium on electricity prices is incompatible with the market economy concept

Nikola Yankov
Photo: BNT

"The moratorium on electricity, heating and water prices is a disappointing move, which is incompatible with the market economy concept", Nikola Yankov, former Deputy Minister of Economy and  Deputy Minister of Transport said for the BNR. "A modern European country does not govern via moratoriums. The Parliament cannot fix prices in a market economy. The vulnerable groups can be compensated through budgetary programmes", Nikola Yankov noted. In his words the moratorium will be declared unconstitutional, because it violates European pricing directives and directives on the free movement of goods and services. 
"The bad precedent set by this decision will have a cooling effect on investments in Bulgaria's energy sector," Nikola Yankov predicted.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Evelina Slavcheva

Corresponding Member Evelina Slavcheva becomes first female President of BAS

The Bulgarian Academy of Sciences is to have a female president for the first time. Corresponding Member Evelina Slavcheva from the Institute of Electrochemistry and Energy Systems was elected today to lead the 155-year-old institution...

published on 12/2/24 6:20 PM
Borislav Sarafov

Prosecutor's Office and Interior Ministry declare zero tolerance for violence 

At a national meeting convened by acting Prosecutor-General Borislav Sarafo v to discuss the rise in public and domestic violence, it was declared that the Prosecutor's Office and the Ministry of the Interior would not tolerate such crimes. "Under my..

published on 12/2/24 3:40 PM

MEPs discuss the nationalist violence in front of the Ivan Vazov National Theatre in Sofia

The clashes outside the Ivan Vazov National Theatre during the opening night of John Malkovich's production of Bernard Shaw's Arms and the Man have prompted 247 theatre organisations from 39 countries to appeal to the institutions of the European Union...

published on 12/2/24 2:27 PM