Bulgarian Fuel Prices Soar Up to 9% in a Week - And It’s Only the Start
Fuel costs in Bulgaria have jumped sharply over the past week, rising between 6 and 9 percent, according to data from the platform Fuelo.
The European Commission has initiated four infringement procedures against Bulgaria, sending formal notices to the Bulgarian authorities regarding the country's failure to implement EU directives within the required deadlines. Sofia now has two months to respond and complete the necessary transpositions into national legislation.
One of the cases concerns amendments to the Directive on the structure of the EU electricity market. EU member states were required to notify Brussels by January 17 that they had transposed these changes, except for provisions related to free choice of supplier and energy sharing. Denmark is the only member state that has fully incorporated these amendments, while Bulgaria is among those that have not yet done so.
Another infringement procedure targets Bulgaria and eight other EU countries for failing to incorporate amendments from the revised Directive on the Energy Performance of Buildings. The deadline for implementation was January 1, and the changes focus on phasing out financial incentives for installing independent fossil fuel-powered boilers. The directive aims for full decarbonization of buildings by 2050, with the expectation that energy costs for consumers will decrease as a result.
Bulgaria is also among 13 EU nations that have yet to fully transpose the Directive on the operational resilience of digital technologies in the financial sector. This directive establishes clear and uniform rules for ensuring digital security and resilience in financial institutions such as banks, insurance companies, and investment firms.
The fourth infringement case involves Bulgaria and 15 other member states that have not yet implemented the updated EU social legislation related to road transport activities. The 2024 delegated directive revises classification rules for transport violations, which could affect operators’ reputations and determine whether they can continue operating in the sector.
If Bulgaria does not address these shortcomings within the two-month deadline, the European Commission may escalate the procedures further, potentially leading to penalties.
The Bulgarian Ministry of Interior has assigned security to European Prosecutor Teodora Georgieva after she reported pressure and threats linked to investigations conducted by the European Public Prosecutor’s Office in Bulgaria
Germany has warned that the war involving Iran could trigger a new migration wave toward Europe, as the conflict continues to create instability across the region
The Ministry of Justice has officially received a report from Teodora Georgieva, Bulgaria's European Prosecutor, detailing pressure, threats, and attempts to undermine the authority of the European Public Prosecutor’s Office
The ongoing conflict in the Middle East is expected to have immediate implications for the security of the European Union, according to the European policing agency Europol
France, Italy and Greece have agreed to align their military presence in Cyprus and the eastern Mediterranean in response to rising regional tension
Natural gas prices in Europe climbed sharply, rising 8% in early trading today following warnings from Russian President Vladimir Putin that Moscow could halt deliveries to the continent.
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