Quest for Peace: Hamas Contemplates Truce Amid Ceasefire Talks
Efforts persist to broker a ceasefire between Israel and Hamas in Gaza, with the latter considering a proposed 40-day truce from Israel.
Bulgaria's Commission for Protection of Competition has dimmed hopes for the revealing of the names of companies that many believe distort Bulgarian markets.
"The CPC does not have the authority to determine monopolists or market dominating companies outside of cases in which it investigates a possible breach of the Competition Law or EU Treaties," reads a Commission statement released Wednesday.
Raykov's statement has been provoked by weeks of street protests that toppled the cabinet of former Bulgarian PM Boyko Borisov.
Among the top grievances of protesters is the alleged strong presence in Bulgaria of cartel agreements and companies cherishing positions close to those of monopolists, to the detriment of consumers.
According to protesters, the situation is especially pressing in the energy sector, and affects negatively power and fuel prices.
According to the Commission for Protection of Competition, it does not have the power to act of its own accord in the absence of a formally determined legislative breach by a market actor.
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During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
Julian Voinov, an economist and financial expert, expressed optimism regarding Bulgaria's potential adoption of the euro in 2025 or early 2026
According to AFP, the Ukrainian army has declared a halt to the Russian offensive in certain areas of the northeastern Kharkiv region
This was stated by the Governor of the Bulgarian National Bank at the international conference "Bulgaria in the Eurozone, When?" in Sofia
Former Finance Minister Simeon Dyankov has suggested that Bulgaria's potential entry into the Eurozone may not materialize before 2026
In the initial quarter of 2024, Bulgaria's economy expanded by 0.4%, as per an expedited evaluation by the National Statistical Institute (NSI), a slight deceleration from the 0.5% growth witnessed in the final quarter of the preceding year
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