Deputy PM Donchev: Government Is Against Increase of Electricity Prices
Monday, 22 June 2015
For two hours and a half on Sunday, ministers and experts discussed at an extraordinary meeting with Prime Minister Boyko Borissov the options for limiting the
increase of electricity prices, which was proposed by the Energy and Water Regulatory Commission (EWRC) several days ago. Emerging from the meeting, Deputy Prime Minister Tomislav Donchev told journalists that the Government is against the appreciation of electricity.
There were no EWRC representatives at the meeting.
Donchev said that the State will help by reducing the administrative expenditures in the Bulgarian Energy Holding (BEH) and the National Electricity Company (NEK) by 10 per cent. Energy Minister Temenouzhka Petkova specified that this reduction will take place over the next three years. BEH's tariff deficit is already 4 billion leva and it will continue to increase unless measures are taken, Donchev went on to say, adding that other EU Member States are in a similar situation.