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Lyuboslav Kostov

Trade unions expect 'cascade of protests' if state budget not approved

Protests could erupt if the National Assembly fails to approve this year's state budget, Lyuboslav Kostov, chief economist at the Confederation of Independent Trade Unions of Bulgaria (CITUB), said in an interview with BNR. "Once again, the budget..

09.01.25 16:39 |
A protest against 6 days of power cuts closed the road between Sofia and Varna for an hour at the Ablanitsa junction.

New electricity and gas prices to be announced by the EWRC on 1 January

Protesting citizens tried to enter the Energy and Water Regulatory Commission (EWRC) building. They disagree with the planned 9% increase in electricity prices from 1 January 2025 and are demanding that the state regulator cancel the price hike...

30.12.24 13:34 |

Energy Minister does not rule out the possibility that electricity will rise from 1 July

Caretaker Energy Minister Vladimir Malinov has admitted the possibility that electricity for households might rise in price from 1 July this year . The reason for this is the accumulated deficit in the "Security of the electricity system" fund. "At..

12.05.24 15:21 |

Electricity market liberalization delayed with one year

The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with 152 votes in favour - of GERB-CDS, MRF, Vazrazhdane, "BSP for Bulgaria" and ITN. 35 PP-DB MPs..

25.04.24 17:00 |
Plamen Dimitrov

Plamen Dimitrov: The energy poor in Bulgaria are between 25% and 40% of the population

The energy poor in Bulgaria are between 25% and 40% of the population according to different methodologies. 40% of the population means 2.4 million Bulgarians who cannot make ends meet. They are considered energy-poor at the current electricity..

22.03.24 10:11 |

Parliamentary Energy Committee overrides President's veto on electricity prices

With 11 votes "for" and 3 "against", the parliamentary committee on energy rejected President Rumen Radev's veto over the amendments to the Energy Act which introduce liberalization of electricity prices for citizens . The MRF and GERB stated that they..

25.10.23 13:18 |
Кирил Петков

Ex-PM Kiril Petkov: We will be a constructive opposition

Former Prime Minister Kiril Petkov, whose party came second in the early parliamentary elections, declared in the National Assembly that "We Continue the Change" will resume its work from where it was stopped, but this time as a constructive and..

19.10.22 11:43 |

Bulgarian business sector calls for electricity price compensations to continue

Businesses have demanded compensation for high electricity prices. In a letter to the prime minister and ministers, employers' organizations remind that the current compensation scheme expires in September and call for urgent measures. A possible delay..

09.09.22 10:56 |

Crisis headquarters to seek solutions to energy problems

An inter-departmental crisis headquarters has been set up with the task to "propose solutions to address the chaos in the energy sector", to seek security of gas supplies and predictability of gas prices. The crisis headquarters must..

03.08.22 19:41 |
PM Kiril Petkov

PM Kiril Petkov: Municipalities will only receive compensations for electricity costs after public procurement contracts are checked

A working group is to decide whether municipalities will receive compensations for the soaring electricity prices. “Money can be allocated after the public procurement contracts are checked in each municipality that requests money of the..

02.02.22 17:06 |
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