The day in 3 news: A general is in charge, Bulgaria and Greece join energy exchanges, new allegations against GERB

втори служебен кабинет на президента Стефан Янев

The day in 3 news: A general is in charge, Bulgaria and Greece join energy exchanges, new allegations against GERB

втори служебен кабинет на президента Стефан Янев


It is a hot (almost) summer day in Sofia, but in politics it got even hotter with new allegations against the outgoing government. In other news the Constitutional Court rejected the newly created office of a special prosecutor to oversee the prosecutor-general. The court thinks the new position contravenes the Constitution. The appointment of a special prosecutor was mooted following constant criticism at home and abroad that the prosecutor-general is a de-facto figure above the law.

General Yanev is new PM

With an order signed by President Rumen Radev, gen. Stefan Yanev became caretaker Prime Minister of Bulgaria today. Yanev was the Defence and Security Secretary under President Radev and will be in charge until elections on 4 July. The caretaker government is full of presidential advisors and experts. Minister of Economy will be Harvard graduate Kiril Petkov, and another Harvard graduate, Assen Vasilev, will head the Finance Ministry. There is a special minister for the recovery and resilience plan - Atanas Pekanov, an economist with a CV comprising ECB, the Bulgarian National Bank and the Austrian Institute of Economic Research.

Bulgaria and Greece in bilateral energy exchange

Electricity exchanges in the two countries will work together in "A day forward" segment. This means all the players on both markets can see and bid for any offer they choose. The price for tomorrow is the same for both markers - 64.48 euro per MwH. This is the first step towards a pan-European energy exchange which is due to happen in October. This will result in more transparency and competition on the market.

More stories of corruption haunt GERB

A second business owner from the agricultural sector has come forward to testify before the special parliamentary committee about corruption and institutional racketeering. Pavel Stoimenov, owner of "Agro bel 2001", and one of the largest farmers in the region of Stara Zagora, alleged that the owner of chicken-producer "Gradus" Ivan Angelov was the head of a de-facto land cartel. The cartel set prices for land and rents and handed out punishments for disobedience. In fact, Stoimenov had some of his offices burned down. Stoimenov also claims Angelov enjoyed institutional support and exploited his close connections with ex-PM Boyko Borissov.

It is a hot (almost) summer day in Sofia, but in politics it got even hotter with new allegations against the outgoing government. In other news the Constitutional Court rejected the newly created office of a special prosecutor to oversee the prosecutor-general. The court thinks the new position contravenes the Constitution. The appointment of a special prosecutor was mooted following constant criticism at home and abroad that the prosecutor-general is a de-facto figure above the law.

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