Economics of regulation

Energy Regulator: Claims of 15-20% Increase in Electricity Bills from July 1 Unfounded

There is no reason to claim that there will be a 15-20% increase in people's electricity bills from July 1, Chairman of the Energy and Water Regulatory Commission (KEVR) Ivan Ivanov said during a press briefing, Focus News Agency reports.

EU wants regulation protecting poorest consumers scrapped

Rasim Ljajic says the state will have to "at some point" annul a government regulation protecting the price of bread made with type-500 flour.

The minister of trade, tourism and telecommunications told Tanjug that such a recommendation has arrived from the European Commission "on several occasions."

Bulgarian Energy Minister Foresees Decrease in Electricity Prices

Bulgarian Energy Minister Temenuzhka Petkova is predicting a possible decrease in the prices of electricity due to the falling prices of natural gas.

In an interview for the Bulgarian National Television (BNT) on Friday, Petkova said that the expected decrease in the price of natural gas is slightly above 20 %.

Liberalization of Energy Market in Bulgaria Likely to Lead to Power Price Hike

The forthcoming liberalization of the energy market in Bulgaria is likely to lead to an increase in the prices of the electricity in the country.

This was stated by Bulgarian Energy Minister Temenuzhka Petkova in an interview for the Bulgarian National Radio (BNR) on Sunday.

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