Bulgaria: Electricity Rate to be Reduced by 7 %

People ♦ Published: March 6, 2013; 12:12 ♦ (Vindobona)

Experts still fear that the reduction in electricity prices will not help stopping protests.

Bulgaria: Electricity Rate to be Reduced by 7 % / Picture: © Vindobona.org

After weeks of protests all over the country the Bulgarian government seems to finally move into gear. The state commission for energy and water regulation (SEWRC) stipulates a reduction of the retail prices in electricity. According to a statement, the reduction of 7 % should be granted from March 5 on.

Resigned Prime Minister Boyko Borissov had previously announced the approval…

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