“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.
Following the Council of the EU's and the European Parliament's decision on Bulgaria's accession to the eurozone, the country is entering the final phase of preparation, said Dimitar Radev , Governor of the Bulgarian National Bank (BNB), in an interview..
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone. Earlier, MEPs in Strasbourg had adopted the report supporting Bulgaria’s admission to the euro area...
A second ship carrying pipes for the Vertical Gas Corridor project, which will connect Greece and Romania, has arrived at the Port of Burgas. Energy Minister Zhecho Stankov oversaw the delivery. "These 2,526 pipes from India..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
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...
Partly Cloudy
Mostly Cloudy
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain