Will Bulgaria Have a Stable Government After Yet Another Election in June? Our Readers Have Spoken
On our Facebook page, readers were asked about Bulgaria's stability after the June elections
The mass protests against high electricity bills that swept Bulgaria's capital Sofia on Sunday has forced Czech power utility CEZ to offer compensations to its disgruntled clients.
"We fully understand the anger of the people. If needed, we will pay compensations to our clients," Petr Baran, Vice Chairman of the Management Board and Chief Operational Officer of CEZ Bulgaria, told Kanal 3 TV Channel.
"We serve more than 2 million clients. Mistakes happen. Each complaint will be carefully considered and checked. If there are mistakes, corrections will be made," he added.
CEZ supplies power to over 2 million households and companies in western Bulgaria, including the capital Sofia.
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The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
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