The government will not allow a rise in the price of electricity for household users after the full liberalization of the electricity market, Prime Minister Nikolay Denkov said before the start of today’s Council of Ministers sitting. His comment comes in response to the fears that electricity bills will go up, triggered by the amendments to the Energy Act.
“I would like to reassure all Bulgarian citizens that this is not going to happen. A price-formation model is in place which will keep the price of electricity for household users the same up until mid-2024,” the prime minister said. After that, a change is possible on the basis of a decision by the Energy and Water Regulatory Commission. Even then, the price rise would not be by more than a few percent, PM Denkov said.
During joint inspections by the National Revenue Agency, the Commission for Protection of Competition and the Commission for Consumer Protection, price increases of between 5 and 83% were found. The chair of the Commission for..
The inaugural International Military Competition, 'Best Warrior', is set to take place on 25 and 26 June 2025 at the Vasil Levski National Military University in Veliko Tarnovo . The tournament is organised by the Ministry of Defence, the Defence Staff..
Sunny weather is in the forecast for Wednesday. It will be hot in the plains and lowlands around and after noon. There will be a light northerly and northwesterly wind, turning to moderate in Eastern Bulgaria. Maximum temperatures will range between..
Another protest against the adoption of the euro took place in Sofia and other cities in Bulgaria on June 28. The protest in the capital Sofia..
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