Protesters Across Bulgaria Push Back Against Euro Adoption, Eye July 8 Decision
Demonstrations opposing the planned adoption of the euro took place in several Bulgarian cities today
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.
CEZ Spokesperson Barbora Pulpanova told Czech News Agency (CTK) that the company resolutely rejected any misconduct that could in theory lead to the start of a procedure for revoking the power distributor's license.
Pulpanova, as cited by dnevnik.bg, further noted that CEZ also opposed the politicization of the issue against the backdrop of the forthcoming parliamentary elections in Bulgaria.
Meanwhile, asked to comment on the growing discontent of Bulgarians over high electricity prices, Prime Minister Boyko Borisov announced at a press conference on Tuesday that CEZ would have its license revoked by the end of the day.
He emphasized that he was against the nationalization of power distributors in the country.
Peter Baran, Chief Operating Officer of CEZ Bulgaria, issued a media statement saying that the company had not breached the Public Procurement Act.
He informed that the company had been fined with BGN 15 000 and three of its employees had been issued 12 statements of administrative offence after an inspection of the Public Financial Inspection Agency (PFIA).
Baran made clear that the penalty had been imposed over the company's failure to hold a public procurement procedure to select an auditing company, while the statements of administrative offence had been issued over delayed submission of information concerning public procurement, a legally unfounded procedure for negotiating measures for improving the power distribution network, and failure to report information on an implemented contract to the Public Procurement Agency.
He emphasized that the PFIA probe had not identified breaches of the Public Procurement Act in the supplies and services between related companies CEZ Razpredelenie Bulgaria AD and CEZ Bulgaria.
The European Commission is preparing a new phase of green legislation that could significantly impact fuel prices across the EU
As of July 1, a new pricing period begins for household electricity, heating, and hot water in Bulgaria
At an open session, the Energy and Water Regulatory Commission (EWRC) reviewed a proposal submitted by Bulgargaz EAD on June 10, 2025, for setting the July sale price of natural gas to end suppliers and licensed heating energy producers
The upcoming rise in electricity prices starting in July is expected to influence inflation in Bulgaria
For the first time in Bulgaria’s history, solar energy production surpassed national electricity consumption during a specific time window
Bulgaria has no reason for concern regarding fuel security, Energy Minister Zhecho Stankov assured during his remarks on the state of the energy sector amid the Iran-Israel tensions
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe