Bulgaria Energy Watchdog: Go-Ahead for Stripping CEZ of License
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has launched a procedure for stripping the local unit of power distributor CEZ of license.
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has launched a procedure for stripping the local unit of power distributor CEZ of license.
Czech Prime Minister Petr Necas has argued that a potential withdrawal of the license of energy company CEZ for Bulgaria would be a strongly politicized step ahead of the forthcoming parliamentary elections in the country.
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) held an emergency closed-doors meeting late on Tuesday to discuss a potential withdrawal of the license of power distributor CEZ.
Representatives of three opposition parties have boycotted the session of Bulgaria's Parliamentary Economic Committee during a discussion of amendments to the Energy Act concerning the appointment of the members of the State Commission for Energy and Wate
Czech energy group CEZ has argued that its activity in Bulgaria is in line with all regulatory and statutory requirements and there is no reason for a withdrawal of its license.
Bulgarian Prime Minister Boyko Borisov revealed Tuesday that he has been invited to Moscow by Russian President Vladimir Putin and Prime Minister Dmitry Medvedev.
Bulgaria's prime minister has said that a nationalization of power distributors, which has been proposed to appease public discontent with high electricity bills, is out of the question.
Bulgaria will revoke the license of the local unit of Czech power utility CEZ to operate the country's national grid by the end of the day, the prime minister said on Tuesday.
Bulgaria's prosecutor office will propose revoking the license of the local unit of Czech power utility CEZ to operate the country's national grid.
Czech-owned power utility CEZ has issued a statement noting the company has fulfilled all of its obligations under the clauses of the privatization contract from 2004.
The prosecution in Bulgarian capital Sofia has launched proceedings against recently fired head of the national energy regulator agency Angel Semerdzhiev.
The Czech anti-corruption police are investigating 70% state-owned power company CEZ AS, which also owns the power utility with the same name in charge of electricity distribution in Western Bulgaria.
Bulgarian Economy and Energy Minister Delyan Dobrev has said that a nationalization of power distributors, which has been proposed to appease public discontent with high electricity bills, is out of the question.
Bulgarian energy watchdog is considering the option of revoking the license of the local unit of Czech power utility CEZ to operate the country's national grid.
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.
Yuliana Ivanova, the new Chair of the State Commission for Energy and Water Regulation (DKEVR), has been dismissed just four days after her appointment.
Several hundred protesters rallied in Bulgaria's capital Sofia on Sunday against the excesses of power and heating utilities in a continuation of recent wave of protests over high electricity and heating bills.
Bulgarian Economy and Energy Minister Delyan Dobrev has argued that oversight of the operations of power distributors is partial, insufficient, and inefficient.
Asked to comment on the growing discontent of Bulgarians over high power bills, former Economy and Energy Minister Traycho Traykov has reminded that the country has low electricity tariffs compared to the EU average.
Central Cooperative Bank, which is connected with controversial Varna-based security and business group TIM, has acquired a minority share of 9.
Yuliana Ivanova, newly appointed Chair of Bulgaria's State Commission for Energy and Water Regulation (DKEVR), has suggested that electricity prices could drop.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022