“The claim of Bulgaria’s Premier Kiril Petkov that the energy regulator failed to protect the public interest during the January gas price increase is absurd”, the Chairperson of the Energy and Water Regulatory Commission Ivan Ivanov said.
"This means two things- a very low level of awareness or incompetence” Ivan Ivanov said for the BNR. "The Prime Minister should respect the independence of the Energy and Water Regulatory Commission, instead of thinking that the commission is obliged to coordinate its decisions with the cabinet in advance", Ivan Ivanov added.
In his view, the sharp rise in electricity prices could have been prevented through a temporary reduction of VAT on electricity to 10%. "I expect a letter from the European Commission commenting on the actions of Bulgaria’s Prime Minister and other Bulgarian politicians," Ivan Ivanov added.
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026. Today, the EU Council in its ECOFIN format (which includes the countries that have adopted..
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Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
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