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Bulgaria Cuts Energy Prices
Politics ♦
Published: February 19, 2013; 19:59 ♦ (Vindobona)

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After heavy citizens´ protests, the Bulgarian government has lowered the energy prices by 8%. Moreover, the Czech energy group CEZ loses its license.

In the last weeks, more and more Bulgarians have been protesting against the energy prices of foreign companies. Last Sunday, about 100,000 Bulgarians went out into the streets. As a result, the Bulgarian government was becoming nervous. Moreover, Bulgaria faces federal elections. As the resignation of Finance Minister Simeon Djankov failed to bring the heat out of the situation, the…
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