Several hundred protesters rallied in Bulgaria's capital Sofia on Sunday against the excesses of power and heating utilities in a continuation of recent wave of protests over high electricity and heating bills.
Bulgarian Economy and Energy Minister Delyan Dobrev has argued that oversight of the operations of power distributors is partial, insufficient, and inefficient.
Asked to comment on the growing discontent of Bulgarians over high power bills, former Economy and Energy Minister Traycho Traykov has reminded that the country has low electricity tariffs compared to the EU average.
Central Cooperative Bank, which is connected with controversial Varna-based security and business group TIM, has acquired a minority share of 9.
Yuliana Ivanova, newly appointed Chair of Bulgaria's State Commission for Energy and Water Regulation (DKEVR), has suggested that electricity prices could drop.
Greece, Albania and Italy have signed an intergovernmental agreement on Wednesday to build the Trans-Adriatic Pipeline (TAP) to deliver Azerbaijani gas to Europe.
Asked to comment on the growing public discontent in Bulgaria with high power bills and the proposed solutions to the problem, Finance Minister Simeon Djankov has suggested that after nationalization comes GULAG.
Chief Prosecutor Sotir Tsatsarov has informed that his colleagues from the Supreme Administrative Prosecutor's Office had entered the premises of the State Commission for Energy and Water Regulation (DKEVR) and requested documents on electricity prices.
It is small wonder that Bulgarians find it difficult to fill up their car tank since the country has the fifth-highest pain-at-the-pump score in the world, according to a Bloomberg survey.
The Confederation of Employers and Industrialists in Bulgaria has called on the competent authorities to not yield to protesters or any other type of non-economic pressure in the attempts to handle growing public discontent over high electricity prices.
Bulgaria's Supreme Administrative Prosecutor's Office will probe the legality of the acts of the State Commission for Energy and Water Regulation as a specialized regulatory body overseeing the application of the Energy Act and related subsidiary legislat
Yuliana Ivanova is the new Chair of Bulgaria's State Commission for Energy and Water Regulation (DKEVR).
Bulgarian PM Boyko Borisov has said that at the time being there are no grounds for the termination of contracts with power distribution companies in the country.
CEZ AS, the largest Czech power producer, said Bulgarian protests against energy bills differ from the situation in Albania which revoked its license, Hospodarske Noviny reported, citing Tomas Pleskac, the head of distribution.
State-owned gas supplier Bulgargaz has suggested that the price of natural gas should remain unchanged in the second quarter of 2013.
Enraged protesters threw snowballs at Bulgarian Economy and Energy Minister Delyan Dobrev in Sofia on Sunday, according to local reporters.
A dozen Bulgarian cities are to stage on Sunday a new round of protests against dramatically higher electricity and heating bills this winter.
The government of Albania has refused to pay compensations requested by Czech power utility CEZ for the early termination of its contract.
Citizens of over 15 Bulgarian cities plan to stage protests over dramatically higher electricity bills for December.
Igor Demin, Spokesperson for Russian oil giant Transneft, has claimed that a decision of the Bulgarian Parliament on a possible withdrawal of the country from the Burgas-Alexandroupolis oil pipeline would be absolutely illegitimate.
Bulgaria's government has proposed to Parliament to denounce the trilateral intergovernmental agreement for the construction and exploitation of the Burgas-Alexandroupolis oil pipeline.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
