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The Bulgarian National Assembly passed a resolution, greenlighting the potential takeover of liabilities amounting to BGN 1.6 billion from Toplofikacia Sofia, the primary district heating company in the capital city. These outstanding debts are owed to both the Bulgarian Energy Holding and state-owned gas supplier Bulgargaz. This provision, part of the 2024 State Budget Bill's second reading, empowers the government to proceed with the acquisition at a value determined by an impartial assessor, aligning with state aid regulations.
For this acquisition to materialize, it necessitates a formal proposal from the Minister of Energy, followed by a decisive resolution from the Council of Ministers. To cover the financial obligations stemming from this prospective deal, the Council of Ministers is slated to modify the Energy Ministry's budget in accordance with the Public Finances Act, as resolved by the Members of Parliament.
In response to apprehensions voiced by opposition legislators, Finance Minister Assen Vassilev clarified that while the Council of Ministers might assume the liabilities owed to the Bulgarian Energy Holding, this doesn't imply a transfer of control over the conglomerate.
The Bulgarian scientific research vessel “Sts. Cyril and Methodius” (NIC 421) has returned to Varna, docking at the Marine Station and marking the official end of the country’s 34th Antarctic expedition
The Bulgarian Orthodox Church has decided that no official delegation will travel to Jerusalem this year to receive the Holy Fire, citing the ongoing tensions in the Middle East
The government has decided to withdraw all three Bulgarian nominations for the position of European Prosecutor, effectively restarting the procedure after identifying serious flaws in the initial selection process
Residents and visitors in Sofia will be able to park without payment in the city’s “blue” and “green” zones during the upcoming Easter holidays
Grigor Dimitrov recorded another early exit, losing in the opening round of the Monte Carlo Masters and continuing a difficult start to the season
Bulgarian snowboarder Malena Zamfirova has returned to Bulgaria and is now undergoing active rehabilitation following a serious accident at the beginning of March
Bulgaria’s fuel market has recorded a sharp upward shift since the outbreak of the war in Iran, with diesel and petrol prices rising significantly across the country
The second exploration drilling in the Krum-1 area of the Khan Asparuh block in Bulgaria’s Black Sea has also failed to identify commercially significant natural gas deposits, according to OMV Petrom
The Ombudswoman institution has voiced strong opposition to the proposed increase in heating prices in Sofia, which is expected to approach nearly 30 percent
The Energy and Water Regulatory Commission (EWRC) in Bulgaria has set the price of natural gas for April 2026 at 34.27 euros per megawatt-hour, excluding access, transmission, excise duties and VAT
Fuel prices in Bulgaria have recorded a sharp upward movement over the past month, with diesel showing the most significant increase, according to data from the Fuelo platform
Bulgargaz has defended its previously submitted proposal for a 5% rise in natural gas prices for April before the Energy and Water Regulatory Commission, with CEO Veselin Sinabov stressing that there is currently no justification for any further increases
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
