The CEO of the National Electrical Company Petar Iliev has handed in his resignation. He is also chairman of the board of the Bulgarian Energy Holding from which is he is not resigning.
Petar Iliev states he is resigning for personal reasons. The resignation comes after protests by employer organizations against the work of the Energy Exchange-Central Market for Bilateral Agreements, who are not happy that instead of the futures transactions leading to a regulation of the free market and a drop in prices, the auctions are rigged and lead to a rise in the cost of electricity for industry.
Conditions for mountain hiking are good until midday, with the exception of the Balkan Range, where there will be fog and rain, the Mountain Rescue Service says. In the afternoon the weather conditions will worsen and mountain hiking is not..
The Bulgarian Foreign Ministry is posting additional staff at consular missions to cope with the tourist industry’s increasing needs of foreign workers during the summer season, reads the Foreign Ministry’s position regarding an interview given by..
Caretaker Energy Minister Vladimir Malinov is on a working visit to Turkey. Today he will hold talks in Istanbul with his Turkish counterpart, Dr Alparslan Bayraktar, Minister of Energy and Natural Resources. The meeting is on the initiative of..
Hail storm caused huge damage in the regions of Plovdiv, Haskovo, Stara Zagora and Sliven. No people were injured but crops in many..
Today Bulgaria is hosting a global event of the Organisation for Economic Co-operation and Development. The results of the organisation's global..
On Saturday, minimum temperatures in the country will be between 5 and 10°C, around 5°C in Sofia. The morning will be sunny. In the afternoon it will be..
Mostly Cloudy
Partly Cloudy
sunshine, cloud, rain and thunder
Partly cloudy, chance of rain