GERB Opposes Retail Price Cap Amid Boycott and Public Concerns
GERB has expressed its opposition to implementing a price cap on retail sales in supermarket chain
GERB's motives for a no-confidence vote on the government's energy policy are hypocritical, claimed Socialist MP Krasimir Yankov.
"Why didn't those who submitted today's vote (GERB) listen to the people when they were in power? Was DKEVR (the state energy watchdog) functioning independently and legally defending the interests of the citizens then?", Yankov asked rhetorically during Wednesday's parliamentary debates on the no-confidence motion submitted by the GERB party.
He was referring to last year's protests against the government of Boyko Borisov, which were motivated by high utility prices and targeted at the monopoly of the foreign electricity companies.
Yankov defined the accusations that the government is asserting pressure over DKEVR's decisions as false.
"The arbitrary nonpayment of the electricity distribution companies (EVN, CEZ, Energo-Pro) to the national electricity company NEK, is a breach of the law and a threat to Bulgaria's national security. Revoking their licenses is stipulated in the law as a possible measure. We live under the rule-of-law, which also applies to monopolies", the Socialist deputy added.
The no-confidence vote against the cabinet of Plamen Oresharski for its energy policies will take place on Thursday.
Ukraine's parliament, the Verkhovna Rada, has passed a law allowing the purchase of two Russian-made nuclear reactors originally intended for Bulgaria's Belene Nuclear Power Plant
Ukraine's parliament has given the green light for the acquisition of two nuclear reactors initially intended for Bulgaria's Belene Nuclear Power Plant (NPP)
For the ninth consecutive year (excluding 2022), the electrical industry remains the largest contributor to Bulgaria's exports, as reported by the Bulgarian Association of Electrical Engineering and Electronics (BASEL)
European natural gas prices have climbed above €55 per megawatt-hour for the first time in 16 months, driven by colder temperatures across the continent that are increasing demand for heating fuel
Serbian oil and gas company NIS, controlled by Russia’s Gazprom, is considering exiting its operations in Bulgaria and Romania due to ongoing difficulties in both markets
The Russian company Lukoil initiated the process of selling its Bulgarian assets in June last year, Prime Minister Rosen Zhelyazkov announced during a parliamentary hearing
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