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.
Prime Minister Dimitar Glavchev and Deputy Foreign Minister Ivan Kondov met at the Council of Ministers with relatives of the Bulgarian sailors on board the hijacked ship Galaxy Leader, where Glavchev assured that efforts to secure their release were..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with 152 votes in favour - of GERB-CDS, MRF, Vazrazhdane, "BSP for Bulgaria" and ITN. 35 PP-DB MPs..
"Money for salaries in the tourist sector has increased many times, but there are no staff in Bulgaria." This statement about the state of the tourism industry in Bulgaria was made by Veselin Nalbantov, Deputy Chairman of the Bulgarian Hotel and..
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..
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