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Infrastructure
Author:
Gloria Hristova
Construction on Hold: The Industry Has the Capacity, but Is Waiting for the Government’s Plans
Against the backdrop of global risks of stagflation the construction industry declares full readiness to build the necessary strategic projects but faces
Public Finances
Author:
Simona Gotsova
Companies with a “dominant position” will be publicly named and shamed
With almost no debate, the National Assembly (NA) passed on second reading amendments to the Competition Protection Act (CPA) that provide for stricter penalties
Public Finances
Author:
Simona Gotsova
CPC has been granted more power, while retailers remain restricted in their pricing
The Commission for Consumer Protection (CPC) is gaining more powers, while retailers are no longer allowed to raise prices without justification
Energy
Author:
Simona Gotsova
The third hydroelectric unit at the Chaira Pumped-Storage Power Plant is back online
The largest pumped-storage hydroelectric power plant in Southeast Europe – the Chaira Pumped-Storage Power Plant – will bring another of its units online
Infrastructure
Author:
Gloria Hristova
The Cabinet approved the construction of the “Kalotina 2” border crossing
The Council of Ministers approved a draft memorandum for the opening of the joint border crossing points “Kalotina 2” (on the Bulgarian side) and “Gradina 2” (on the Serbian side)
Public Finances
Author:
Simona Gotsova
“It Could Be a Debt Spiral”: Lawmakers Approved a Debt Increase of Nearly €4 Billion
With some reservations and criticism directed at the ruling majority, the National Assembly decided that Bulgaria would take on an additional €3.8 billion in debt this year
Energy
Author:
Georgi Zhelyazkov
The government is spinning off the TPP Maritsa East 2 and the mines from BEH
Energy Minister Iva Petrova is beginning work on the split of the Bulgarian Energy Holding (BEH) and the removal of the Maritsa East 2 Thermal Power Plant
Transport
Author:
Gloria Hristova
The situation at BDZ’s depots is “dire”
Working conditions at the repair depots are dire and threaten the proper operation of modern rolling stock. The stark contrast between the new rolling stock
Politics
Author:
Georgi Zhelyazkov
The entire management team of “Kozloduy NPP – New Builds” has been replaced
The entire management team of the state-owned project company “Kozloduy NPP – New Capacity” EAD has been replaced
Public Finances
Author:
Simona Gotsova
“It Means Cuts”: Bulgaria Can No Longer Afford “Financial Tricks” in Its Budgets
The European Commission (EC) will launch an excessive deficit procedure against Bulgaria within days, Prime Minister Rumen Radev announced earlier on Friday