Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Nikola Yankov: The moratorium on electricity prices is incompatible with the market economy concept

Nikola Yankov
Photo: BNT

"The moratorium on electricity, heating and water prices is a disappointing move, which is incompatible with the market economy concept", Nikola Yankov, former Deputy Minister of Economy and  Deputy Minister of Transport said for the BNR. "A modern European country does not govern via moratoriums. The Parliament cannot fix prices in a market economy. The vulnerable groups can be compensated through budgetary programmes", Nikola Yankov noted. In his words the moratorium will be declared unconstitutional, because it violates European pricing directives and directives on the free movement of goods and services. 
"The bad precedent set by this decision will have a cooling effect on investments in Bulgaria's energy sector," Nikola Yankov predicted.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Mural marking 20th anniversary of Bulgaria's NATO accession to be unveiled in Pernik

A mural dedicated to the 20th anniversary of Bulgaria's NATO accession will be unveiled today in Pernik. The event will be attended by the ambassadors of Great Britain, Turkey and Montenegro, Deputy Foreign Minister Nevyana Miteva, Pernik Regional..

published on 11/29/24 5:15 AM

Sharp change in the weather expected on Friday

On Friday, cloudy weather will prevail over the country. The wind will be oriented from the northwest, will strengthen and in the Danube Plain its speed will reach 10-15 m/s. With it, cold air will invade the country and temperatures will drop and by..

published on 11/28/24 7:45 PM
Daniel Lorer (L) and Yavor Bozhankov (R)

PP demanded the resignations of two MPs who did not support the candidacy of Silvi Kirilov

"After today's vote for Speaker of the National Assembly, ''We Continue the Change'' (PP) demanded the resignations of Daniel Lorer and Yavor Bozhankov", the party's co-chairman Kiril Petkov wrote on Facebook. Silvi Kirilov, nominated by "There..

published on 11/28/24 4:52 PM