Sponsored Content

Bulgaria Cuts Energy Prices

Politics ♦ Published: February 19, 2013; 19:59 ♦ (Vindobona)

Sponsored Content

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

Bulgaria Cuts Energy Prices / Picture: © Vindobona.org

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…