“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.
Sofia has met the last criterion for entering the eurozone. After meeting the inflation criterion, the data on the budget deficit for 2024 should have been released according to the EU methodology. In 2024, the institutional..
The Bulgarian Chamber of Commerce and Industry is hosting an information seminar today on the topic "European defence and opportunities for Bulgarian business in the development and production of defence products". The main goal of..
On World Book and Copyright Day, this evening at 7:00 p.m., the annual "Knight of the Book" Awards - 2025 will be presented at a ceremony in the "Peroto" literary club. The awards are presented to individuals whose work and efforts..
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..
+359 2 9336 661