Text size

Nikola Yankov: The moratorium on electricity prices is incompatible with the market economy concept

published on 12/16/21 5:02 PM

Nikola Yankov

Photo: BNT

"The moratorium on electricity, heating and water prices is a disappointing move, which is incompatible with the market economy concept", Nikola Yankov, former Deputy Minister of Economy and Deputy Minister of Transport said for the BNR. "A modern European country does not govern via moratoriums. The Parliament cannot fix prices in a market economy. The vulnerable groups can be compensated through budgetary programmes", Nikola Yankov noted. In his words the moratorium will be declared unconstitutional, because it violates European pricing directives and directives on the free movement of goods and services.

"The bad precedent set by this decision will have a cooling effect on investments in Bulgaria's energy sector," Nikola Yankov predicted.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News electricity European directives heating moratorium water

More from category

Premier Dimitar Glavchev welcomes the entry into office of the new European Commission

Caretaker Premier Dimitar Glavchev held a phone conversation with European Commission President Ursula von der Leyen, the press service of the Council of Ministers said. Premier Glavchev sent out his congratulations and wishes for success on the day..

published on 12/2/24 8:41 AM

Acting Prosecutor General Borislav Sarafov

Borislav Sarafov convenes a national meeting over the cases of violence

A national meeting on the topic "Activating the work of the Prosecutor's Office of the Republic of Bulgaria to ensure zero tolerance in countering cases of violence" will be held today. It is initiated by Acting Prosecutor General Borislav Sarafov...

published on 12/2/24 6:05 AM

Gianni Infantino and Aleksander Čeferin to attend the gala evening "100 Years of Bulgarian Football"

Bulgarian football already has a century-old history, which will be celebrated tonight in Sofia in the presence of distinguished guests. The gala evening "100 Years of Bulgarian Football" will bring together FIFA President Gianni Infantino, UEFA..

published on 12/2/24 5:05 AM

WEATHER

Pick city: Sofía

Cloudy
Min: 1 | Max: 4

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Share

Nikola Yankov: The moratorium on electricity prices is incompatible with the market economy concept

More from category

Premier Dimitar Glavchev welcomes the entry into office of the new European Commission

Borislav Sarafov convenes a national meeting over the cases of violence

Gianni Infantino and Aleksander Čeferin to attend the gala evening "100 Years of Bulgarian Football"

The annual effect of Bulgaria's accession to Schengen by land will amount to BGN 1.63 billion

Eurobarometer: Bulgarians’ trust in the EU is a little over the average for the Union

The Ministry of Transport supports the idea of naming Sofia Airport after Vasil Levski