Rising Prices Hit Seaside Restaurants in Bulgaria This Summer
Prices in seaside restaurants across Bulgaria are rising this year, with a noticeable hike in some popular beachside dishes
Bulgaria’s energy regulator plans to treble the price of electricity paid in cases of power theft and also increase the period, for which the penalty tariff is applied retroactively.
A customer found to have stolen electricity will have to pay BGN 202 per MWh versus BGN 67 now under changes to energy regulations being considered by the Energy and Water Regulatory Commission (KEVR), its chairman, Ivan Ivanov, told bTV broadcaster on Tuesday.
The period for paying for power theft retroactively will be increased from the current three months from the moment the offenders have been found guilty by a court, Ivanov added. He stopped short of saying how long the new period will be, but added that in some European countries it is six months or even a year.
KEVR plans to introduce the increased penalties for electricity theft in the existing regulations but, according to Ivanov, it would be better if they were made part of the Energy Law.
The liberalization of the electricity market for households — meaning that residential consumers would join the free electricity exchange where businesses have traded for years — is being postponed.
Turkey is advancing its energy strategy in the Balkans with new agreements aimed at deepening its influence in the region
The Energy and Water Regulatory Commission (EWRC) has approved the natural gas price in Bulgaria for May
Bulgaria is set to become the first European country to operate an AP1000 reactor, according to Energy Minister Zhecho Stankov, speaking at a symposium hosted by Westinghouse in Sofia
Bulgaria has taken a significant step toward exploring its deep-sea energy potential
The two nuclear reactors from Bulgaria's Belene Nuclear Power Plant will not be sold to Ukraine
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase