“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.
Deputy Prime Minister Atanas Zafirov has met with Ambassador of India to Bulgaria, Arun Kumar Sahu, and discussed the possibilities for deepening the strategic partnership between the two countries. "India is a key partner for..
The EU Court of Justice in Luxembourg has restricted the practices of quick loan companies. The magistrates ruled that the guarantors' fees must be included in the price of the loan, in the so-called annual percentage rate of charge...
For Russia, hybrid war is an ideology and industry, investigative journalist Hristo Grozev told MEPs from the special committee for the protection of European democracy. Grozev joined the meeting online, at which Russian hybrid..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for..
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