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

President Radev: Businesses and citizens expect solutions to the energy crisis

Photo: president.bg

 “The government should not allow politics and geopolitics to destroy our economy”, Bulgaria’s head of state Rumen Radev said during his visit to the town of Plovdiv. Urgent, reliable and sustainable measures and solutions are needed, not merely good intentions, Rumen Radev noted.

The energy-intensive enterprises, which are the backbone of Bulgaria’s industry, cannot be abandoned amidst an acute energy crisis, which requires timely and adequate measures and predictability in pricing policy, Rumen Radev noted. In his words, citizens and businesses are monitoring the government's actions towards adopting compensatory mechanisms and lowering electricity and natural gas prices. "Businesses need clear commitments," Rumen Radev added.

There is a future for nuclear power in Bulgaria and a decision on this issue must be taken as soon as possible, President Radev said in response to a question about the future of the Belene nuclear power plant project. The European Commission’s decision to label nuclear energy as green is a success for Bulgaria and other European countries. "The European Green Deal is our future. However, investments in basе load power are needed for decades to come and nuclear power is the cleanest source of energy", Rumen Radev added.




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

Bulgaria faces sanctions from European Commission for failing to speed up renewable energy permits

The European Commission has called on Bulgaria and 25 other EU countries to introduce a fast-track approval procedure for renewable energy projects. The new rules should have been in place by 1 July this year. The EC has launched infringement..

published on 9/26/24 3:38 PM
Mayor Vasil Terziev (centre), Deputy Mayor for Finance Ivan Vassilev (left) and City Councillor Simeon Stavrev at a press conference, Sofia, 26 September 2024.

Sofia is at risk of being left without a public transport system

"Stolichen Avtotransport's accounts have been frozen since yesterday, according to mayor Vasil Terziev. He warned that if the company ceased operations, Sofia would be left without public transport. "Deputy Mayor for Finance Ivan Vasilev, like the..

published on 9/26/24 3:24 PM

MPs reject amendments on gender reassignment for children in first reading

The National Assembly has rejected in first reading the five proposed amendments to the Child Protection Act . The most controversial proposals relate to gender reassignment for children under the age of 18. The bill by "There Is Such a People" (ITN)..

published on 9/26/24 2:35 PM