Bulgaria Delays Household Electricity Liberalization Amid Price Concerns
Lawmakers in Bulgaria have decided to delay the liberalization of household electricity prices through amendments to the Energy Act
The price of the heating in Bulgaria will not change as of January 1, because a 4 percent increase in the price of natural gas is expected for the first quarter of 2019. This is what the Chairman of the Energy and Water Regulatory Commission (KEVR) Ivan Ivanov told journalists in the building of the regulator.
Ivan Ivanov recalled that a preliminary forecast by Bulgargaz, which was released on November 10, showed that the increase in gas price for the first quarter of next year is expected to be just under 5 percent. With such an increase, the prices of heating and hot water do not change.
The public provider on December 10 will have to come up with a proposal on the price of natural gas for the first quarter of 2019 and the KEVR will have to decide by the end of the year whether it approves the proposal made by Bulgargaz.
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
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