Bulgaria

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Bulgarian Energy Watchdog to Cancel Permits of Power Distributors

Bulgaria's energy watchdog DKEVR has launched a procedure to suspend the license of power distributors in the country.

The State Commission for Water and Energy Regulation (what the abbreviation "DKEVR" stands for) is to terminate permits of EVN Bulgaria, CEZ Electro Bulgaria and Energo-PRO, officials have announced, citing "threats to energy security" as a reason.

Bulgaria's Government to Take A Loan

Bulgaria's Government approved the preparations for issuing state bonds at the international stock market, said the Government press office. 

The Government authorized Finance Minister Petar Chobanov to negotiate with the selected managing banks and the legal consultants, as well as to sign on behalf of the state all necessary documents. 

Bulgaria, US Drug Enforcement Administration to Discuss Joint Teams

Bulgarian Interior Minister Tsvetlin Yovchev has backed the proposal of Drug Enforcement Administration deputy chief Thomas Harrigan to discuss creating special joint teams.

Harrigan and Yovchev met Wednesday as part of a working visit of the Bulgarian delegation to the US, according to the press office of the Interior Ministry.

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