Bulgarians Join Balkan Protest Against Soaring Food Prices
Bulgaria has joined Croatia, Bosnia and Herzegovina, and Montenegro in organizing protests against rising food prices
France’s highest court has upheld a government ban on hydraulic fracturing.
The Constitutional Council ruled against a challenge by Schuepbach Energy, an American company, whose exploration permits were revoked after the French Parliament banned the practice.
"The constitutional council threw out these four complaints and ruled that the disputed components of the 13 July 2011 law comply with the constitution," the council said in a statement, as cited by BBC.
France, which relies heavily on nuclear power, has some of the largest shale gas deposits in Europe.
In addition to France, Bulgaria has banned fracking. Britain has allowed modest experiments, though those have met with public discontent.
On Wednesday, the European Parliament voted to tighten the rules on fracking, giving initial approval to a measure to require in-depth environmental impact studies on all such projects, The New York Times reminds.
For the ninth consecutive year (excluding 2022), the electrical industry remains the largest contributor to Bulgaria's exports, as reported by the Bulgarian Association of Electrical Engineering and Electronics (BASEL)
European natural gas prices have climbed above €55 per megawatt-hour for the first time in 16 months, driven by colder temperatures across the continent that are increasing demand for heating fuel
Serbian oil and gas company NIS, controlled by Russia’s Gazprom, is considering exiting its operations in Bulgaria and Romania due to ongoing difficulties in both markets
The Russian company Lukoil initiated the process of selling its Bulgarian assets in June last year, Prime Minister Rosen Zhelyazkov announced during a parliamentary hearing
In 2023, 10.6% of the population in the European Union reported being unable to keep their homes adequately warm
The Bulgarian government has announced a program to compensate businesses and non-household electricity subscribers for high energy costs until the end of March
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