Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian President expects the European Commission to react to the speculation with electricity prices

Photo: EPA/BGNES

Bulgaria's President Rumen Radev said the European Commission had not found the reason for the sharp rise in electricity prices in the European Union. After the European Council meeting, he told reporters that the energy market estimates presented did not help to come to a general conclusion about what was driving prices up.

"In my opinion, the reports are not in the necessary depth, because they say that speculation has not been discovered," the president said. He pointed out that the prices of coal and nuclear fuel are the same, and it is not clear where the increase in international prices comes from. "We expect this analysis to continue," Radev added.

The President said that the high price of carbon emissions of 90 euros per tonne stopped the development of energy and this problem needed to be addressed.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sofia, Varna and Burgas to broadcast live the opening of the Olympic Games in Paris

The 33rd Summer Olympics will be officially opened in Paris today. On this occasion, Bulgaria's Head of State Rumen Radev is in the French capital to attend the opening ceremony at the invitation of French President Emmanuel Macron and IOC President..

published on 7/26/24 6:05 AM

UPDATED: Fireworks warehouse complex near Sofia bursts into flames; urgent evacuation ordered

A fire broke out in a fireworks warehouse complex between the town of Elin Pelin and the village of Gara Elin Pelin near Sofia, the BTA news agency reported. There was a series of explosions in the warehouses. The alert for the burning warehouses was..

published on 7/25/24 11:47 PM

Rain in eastern and central Bulgaria

On Friday morning, clouds will break and decrease over the eastern half of the country, but will close again in the afternoon, bringing rain and thunderstorms in places. Lows will be between 16 and 22°C, 16°C in Sofia. Highs will be between 27 and 32°C,..

published on 7/25/24 7:05 PM