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EVN to Start Arbitration Procedure

Published: March 19, 2013; 12:49 · (Vindobona)

Today, Austrian power supply company EVN informed the state of Bulgaria about opening arbitration proceedings.

EVN to Start Arbitration Procedure / Picture: © Flickr

Massive protests and demands to nationalize energy companies and to cut energy prices lead to a decrease of around 7 % earlier this year. Due to the high energy prices and austerity measures, many Bulgarian citizens have been feeling exploited. Bulgaria´s President Rosen Plevneliev already explained that low wages are the real problem. No other country in the EU records a higher risk…

This article includes a total of 337 words.

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