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

Energy Regulator signals European Commission over price moratorium

Photo: BGNES

The moratorium on electricity, heating and water prices is illegal and their sharp rise could have been prevented if the government temporarily reduced VAT on energy by up to 10%. This was what the chairman of the energy regulator Ivan Ivanov has told BNT. With a reduction in VAT electricity would have risen by 1% instead of 11% and heating - by 3%, instead of 13%.

Ivanov has sent a signal to the European Commission and expects a reaction to the moratorium. He dismissed accusations that the rise in prices in recent months was politically motivated. The regulator expects a sharp rise in prices after the moratorium is lifted.



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

Delyan Peevski says he can form a cabinet if given the opportunity

The leader of “МРФ – New Beginning” Delyan Peevski has expressed his readiness to take the post of prime minister. “When we are the first party, I will form a government,” he said on the sidelines of the National Assembly. “If the Bulgarians give..

published on 11/28/24 2:51 PM
Boyko Borissov

Boyko Borisov: There is no chance for GERB-SDS, PP-DB, BSP-United Left and ITN to form a cabinet

The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..

published on 11/28/24 2:42 PM

Between 80 and 90% of water for domestic and industrial needs is lost in Bulgaria's water transmission network

Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this occasion, Caretaker Environment Minister Petar Dimitrov called for work to improve and repair the water..

published on 11/28/24 2:15 PM