Bulgaria Allocates €7 Million to Modernize Varna and Burgas Terminals
The Ministry of Transport and Communications has greenlit four strategic projects aimed at enhancing intermodal operations and modernizing Bulgaria’s key logistics terminals
Bulgaria's Parliament has revoked the proposal of nationalist party Ataka for a mandatory suspension of the licenses of the three power distributors operating in the country. File photo by BGNES
Bulgaria's Parliament has revoked the proposal of nationalist party Ataka for a mandatory suspension of the licenses of the three power distributors operating in the country, CEZ, EVN, Energo-Pro and their nationalization.
On February 13, Ataka submitted a proposal for the government to start a procedure for the termination of the privatization contracts of the three power distributors within a month.
Under the proposal, the assets of the three companies were to be returned to the state.
Ataka leader Volen Siderov, as cited by Sega daily, argued that the power distributors had not kept the terms of the privatization contracts, they had inflated electricity bills, and the quality of services they offered was poor.
The proposal to move towards nationalization of the power distributors was rejected with 13 votes against, 12 votes for, and 45 abstentions.
The MPs are also to review the proposals of the Bulgarian Socialist Party (BSP) for a full moratorium on deals and construction works in the coastal areas of Irakli, Karadere, Kamchiyski Pyasaci – Shkorpilivtsi, Lake Durankulak - Sveta Anna, Krapets, Lake Shabla, Koral, Arkutino, Dyuni, Maslen Nos, Belite Skali, Boata, Yalata, Kaliakra, Rakitnik, Liman.
Bulgarian MPs are also to hold a second-reading debate on the proposals of the outgoing government for VAT Act amendments and the agreement on terminating Bulgaria's participation in the Burgas-Alexandroupolis oil pipeline project.
Wednesday's parliament sitting started with a one-minute silence in memory of Plamen Goranov, who passed away after setting himself on fire in front of the Varna Municipality building in protest against the corruption stifling the local administration of the Black Sea city.
One week after the start of the US and Israeli strikes against Iran, the effects are already visible on global oil markets. The escalation quickly influenced trading on international exchanges, where crude oil prices reacted to the rising uncertainty surr
Fuel prices in Bulgaria have risen by 2 to 5 percent over the past week, largely due to supply restrictions following the outbreak of military operations in the Middle East
In Bulgaria, fuel industry experts warn that if oil prices reach USD 100 per barrel, gasoline at the pump could exceed €1.50 per liter.
Fuel prices in Bulgaria have already begun to climb in some areas, with gas station owners linking the increase to the escalating conflict in the Middle East
In Bulgaria, the overwhelming majority of complaints about high electricity bills are coming from households that rely on electricity for heating, particularly through air conditioners, the Energy and Water Regulatory Commission (EWRC) reported
Acting Energy Minister Traycho Traykov commented on Nova TV that the recent rise in fuel prices in Bulgaria is modest, with gasoline and diesel increasing by just three cents, reflecting crude oil quotations
Novinite 2025 in Review: A Year That Tested Bulgaria and the World
A Disgraceful Betrayal: Bulgaria's Shameful Entry into Trump's Board of Peace