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.
On Sunday the weather will be predominantly sunny, with cumulus clouds forming in the East in the afternoon though there is a slim chance of rain. There will be a light to moderate wind from the East-Northeast. Minimum temperatures 5-10° C., for..
As the active season is set to begin, the Ministry of Tourism started checks into unfair practices in organized tourist travel. Two of the tour operators checked so far have not provided a certificate for carrying our tour operator activity and..
Ground forces military personnel destroyed an unexploded ordnance found yesterday in Vazrazhdane residential area of Sofia, the press service of the Ministry of Defence has announced. The ordnance was a corroded air bomb. The bomb was destroyed..
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..
Partly Cloudy
Partly cloudy, chance of rain
Mostly Cloudy
Clear