Weather In Bulgaria On March 29: Sunny Skies and Rising Temperatures Across The Country
Bulgaria is set to experience favorable weather conditions on March 29, with mostly sunny skies forecasted across the country
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The World Bank is ready to help Bulgaria reform its energy sector, the Regional Development Ministry said on Thursday.
The Bank will support the government in drafting systemic measures for balancing Bulgaria’s energy system, the ministry said in a statement following a meeting between Caretaker Deputy Prime Minister in charge of economic policy Ekaterina Zaharieva and senior World Bank officials in Sofia.
Zaharieva, who also is Regional Development Minister, met earlier on Thursday with the recently appointed new World Bank country manager for Bulgaria Antony Thomspon and Mamta Murthi, World Bank Country Director for Central Europe and the Baltic Countries.
Energy is of utmost importance to Bulgaria and the country has the World Bank’s support, Mamta Murthi said.
The World Bank will provide expert advice to Bulgaria’s energy ministry and energy regulator DKEVR relating to instruments for analysis and long-term decision making in order to considerably improve DKEVR’s administrative capacity and make sector policies transparent and market oriented,
At the meeting, Ekaterina Zaharieva said the main task of Bulgaria’s newly founded Energy Board is to propose adequate solutions for coping with a deficit of BGN 3 B in the energy sector that threatens the sector with collapse.
In May 2013 the World Bank said in a report that lack of transparency in the management of state-owned companies, a widespread sense of corruption and an insufficiently independent regulator to control the entire energy system are hampering reform in the sector.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
Bulgarian lawmakers have taken a significant step toward bolstering the nation's energy infrastructure by advancing cooperation with the United States for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022