The biggest party unveiled its project for a government
There is such a People presented the members in the cabinet in a series of meetings with various political parties today. Most of the names have been expected or not surprising and the name of the PM is Plamen Nikolov. It was not expected that Peter Iliev - rumored to be the first candidate for PM of TISP - would make the list as Minister of Interior. Iliev came under criticism for alleged plagiarism in his thesis.
Now the other parties will consult internally whether to support the cabinet in a vote. The chances of that still seem rather slim after their fallout over the weekend.
More and more unemployed
Unemployment in July rose, according to data from NSI. After good advances for employment in May and June, July saw more people registering for unemployment benefits. Vratsa, Plovdiv, Blageovgrad, and Stara Zagora are amongst the places with the most new registrations. A total of 168 thousand unemployed have been recorded so far in 2021.
Electricity prices go through the roof
After reaching peak levels of 293 leva/Mwh yesterday, the stock price went above 330 leva/Mwh today. This is a critical level, which will bring problems not only to the energy market, but also to industry. The heatwave is one obvious reason as temperatures soared above 35 degrees in most regions. One other reason is the CO2 emission quotes which raise the price for older plants.