Expats

Bulgaria Still under Code Red over Heavy Snow [Jan 27, 2012] The situation in Bulgaria remains difficult and serious Friday in the aftermath of the blizzard that gripped the country Wednesday and Thursday. Seven municipalities have declared emergency situation. According to data from the power utilities ? about 121, mostly small and difficult to access villages, remain without power. ... [via YahooNews] More >>

Bulgaria's Energy Watchdog Fines Power Utilities [Nov 04, 2010] Bulgaria's State Commission on Energy and Water Regulation ( DKEVR ) has fined the three power utilities , CEZ , E.ON and EVN , by BGN 2,97 M. [via YahooNews] More >>

(AFX UK Focus) 2010-05-11 10:13 Bulgaria to sell its 33 pct stake in E.ON unit [May 11, 2010] SOFIA, May 11 (Reuters) - Bulgaria will sell its 33 percent stake in a power distributor controlled by Germany's E.ON to bolster public finances, economy minister Traicho Traikov said on Tuesday. The centre-right government, which came to power last July, had announced plans to sell state-held minority stakes in 55 companies, ranging from power utilities to arms producers, as part of an ... [via YahooNews] More >>

Bulgaria PM: Power Utilities May Severe Fines, Nationalization Impossible [Apr 12, 2010] There is no way to renounce the privatization contracts of Bulgaria s three foreign-owned power utilities, Prime Minister Boyko Borisov said Sunday night. [via YahooNews] More >>

Bulgaria Socialist Fear Investor Exodus if Power Utilities Are Nationalized [Apr 08, 2010] The potential renouncing of the privatization of Bulgaria s power utilities is going to shatter foreign investors trust, according to the opposition Socialist Party (BSP). [via YahooNews] More >>

Bulgaria PM Implicates Power Utilities, Political Lobbyists in 'Robbery' [Apr 08, 2010] Bulgaria s power utilities and the lobbyists who helped implement the present electricity pricing schemes have committed a daylight robbery, Prime Minister Boyko Borisov declared. [via YahooNews] More >>

Bulgaria Govt to Privatize Minority Shares of Power Utilities (Novinite.com) [Feb 23, 2010] Bulgaria's Economy Minister Traicho Traikov (right) announced the state would privatize its share in the three power utilities. Photo by BGNES [via YahooNews] More >>