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The National Assembly voted at first reading the Energy Act, which switches from a regulated to a free gas market, by creating an independent gas exchange.
With 107 votes in favor, the National Assembly adopted the amendments to the Energy Act, which gives the green light for the construction of an independent gas exchange and the first timid steps towards full liberalization of the market.
The main concerns of the Socialists during the plenary debate were that there were not enough guarantees to prevent abuse of the free trade in blue fuel and gave an example with the current situation on the free power exchange. Businesses constantly criticize energy for manipulation.
In addition, the left-wing fears that there are not enough guarantees to protect household and business gas consumers if their traders fail.
The Movement For Rights and Freedoms (MRF) called on governments to finalize faster the major energy projects that would enable diversification of the gas supply and liquidity of the future gas exchange, with Greece, Romania and Serbia, TurkStream, and the Liquefied Gas Terminal which we are building together with Greece.
The Bulgarian Socialist Party (BSP) has officially endorsed the proposal for a rotational chairmanship of the National Assembly
The TurkStream gas pipeline, which transits through Bulgaria on its way to the Western Balkans and Central Europ
Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of Bulgarian infrastructure assets, which includes a key extension of the TurkStream gas pipeline
On February 1, Slovakia resumed importing Russian gas via the TurkStream pipeline
On Monday, Russia reported that nine Ukrainian drones were downed as they attempted to attack the compressor station of the TurkStream
The termination of Russian natural gas transit through Ukraine marks a significant shift in Europe's energy landscape
People with disabilities in Bulgaria face the most severe difficulties in the entire European Union, alongside Greece
The current patient fee for a medical consultation has lost its purpose and no longer serves its intended functions, according to Bulgarian Medical Association (BMA) chairman Dr.
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
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