The electricity market regulators of the Baltic States will investigate balancing price fluctuations recorded in the region last week, which have raised suspicions that some market participants may have violated European Union (EU) rules prohibiting manipulation of the electricity market. Regulators would examine whether the actions of market participants in submitting offers to the balancing…
In Bulgaria, Uni Energi, the company behind the Avia gas station network, has submitted a request to the Commission for Protection of Competition to acquire Gazprom’s assets in the country. If approved, this acquisition would include 23 active gas stations, 13 parcels of land intended for new facility construction, and a light fuel storage site…
Dry reeds are burning at the site of the Kakhovka Reservoir, destroyed by the Russians, near the power units of the temporarily occupied Zaporizhzhia Nuclear Power Plant. This was reported by the Joint Stock Company “National Nuclear Energy Generating Company “Energoatom” on Facebook. “The situation at the ZNPP remains tense due to the incompetent management…
The Ministry of Finance of Ukraine, the National Bank of Ukraine, the National Securities and Stock Market Commission, the Deposit Guarantee Fund, and the Ministry of Economy, Environment and Agriculture of Ukraine have approved the revised Strategy of Ukrainian Financial Sector Development. The persisting high level of uncertainty due to the prolonged full-scale war requires…
The prices of new homes in Bulgaria are expected to increase by an additional 12-15% until the end of 2025, with a slowdown in growth to around 10% anticipated next year. This forecast was shared by Georgi Shopov, chairman of the National Association of Construction Entrepreneurs (NACP). Shopov pointed out that Bulgaria’s upcoming entry into…
Lithuania’s apple juice pressing season, set to begin in a few weeks, is expected to be one of the worst in recent years, with output likely to be about half of last year’s due to frost damage and persistent rain, producers say. Some apple orchards were hit by spring frosts, and now fruit is falling…
Bulgaria is on the verge of joining the eurozone, prompting questions about the possible inflationary impact of adopting the euro. An economic analysis by iBanFirst, a major provider of currency exchange and international payment services for businesses, forecasts Bulgaria’s harmonized inflation rate for 2026 to be between 2.8% and 3.3%. The inflation specifically linked to…