Sun, Jul 05 2009

ENERGY CRISIS APPROACHING BULGARIA

Wed, Jun 27 2007 10:00 CET 332 Views

An energy crisis currently evident in Greece might spread to Bulgaria, Novinar daily reported.

Miners from Maritsa-Iztok mines plan to strike in case their wages remain unchanged. At the same time Sofia residents complain of power cuts.

Another problem stems from the decision of the State Energy and Water Regulatory Commission (SEWRC), which decided to cut expenditure for renovation works and salary increases in Sofia.

As a result, Sofia might experience problems with central heating and the supply of warm water, Novinar reported.

Sofia's central heating provider Toplofikatsia managing director Petko Milevski said that company losses could reach 30 million leva if SEWRC refused introducing a four per cent heating price hike.

SEWRC said that an average increase of 0.35 per cent was acceptable. Higher increase will make consumers unable to pay, commission representatives said.

Write comment

Name: Comment:
Send your comment

More in this category

Bulgarian nationalists in border protests against ‘election tourism’

Ataka and Order Law and Justice parties stage symbolic blockades at Bulgaria’s borders with Turkey on eve of July 5 2009 parliamentary election, while reports record influx of would-be voters and, it is claimed, flights are being chartered from Turkey.

Bulgaria busts vote-buying operation

In a blow against a problem that has been plaguing Bulgaria’s elections, State Agency for National Security and Interior Ministry say several people in a ‘major criminal organisation’ have been arrested for vote-buying, on the eve of the July 5 vote.

Borissov’s party, socialists both make slight gains – new polls

Barometer Info survey on July 3 2009, just ahead of the eve of Bulgaria’s national parliamentary elections, gives GERB 27.05 per cent and Sergei Stanishev’s Coalition for Bulgaria 19.09 per cent.

Rousse Shipyards sack workers following strike

The exact number of people sacked from duty out of the 600 who refused to go to work on Monday is undisclosed, although reports claim that as of June 3 at least four people were told they were surplus to requirements.

Policy Brief: Bulgaria’s July 5 parliamentary elections

Open your mind and face the unknown: the 2009 general elections in Bulgaria.

© 2000-2009, Sofia Echo Media Ltd.

Web Design by RIZN

The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.