Court refuses to overturn telecom price increases
Sofia City's Administrative Court has overturned the orders of the Consumer Protection Commission (CPC) to suspend the increase in subscription fees for mobile operators Yettel and Vivacom. The rulings are subject to appeal before the Supreme Administrative Court within seven days.
At the beginning of January, Yettel increased the prices of the monthly fee for mobile services. At first, the CPC did not see a problem, but a few hours later it reversed its position. Meanwhile, Vivacom followed suit and also announced a price increase. A1 announced that it was not considering raising prices for the time being. The CPC threatened Yettel with a lawsuit, and the telecom threatened to appeal.
According to the telecom association, the CPC request to deny price increases lacks objectivity and legal reasoning, but also sends a worrying signal to foreign investors and Bulgaria's strategic partners.
Vivacom owner announces plans for 3 solar and 1 wind farm
Vivacom's owner United Group announced its official entry into the production of energy from renewable sources. The total investment will amount to 120 million euros. The investment will go towards the creation of three photovoltaic power plants and one wind farm in Bulgaria.
From 2027, these projects will provide 160% of the electricity needs of the group's activities in Bulgaria and will satisfy 65% of the group's total electricity consumption, each year, eliminating approximately 120 thousand tons of carbon dioxide emissions from the electricity grid in Bulgaria.
The four plants will have a total installed capacity of 124 MW and an annual production of 310 thousand MWh - enough to power over 60 thousand households each year, the company said.
One of the plants, in the village of Mogila, near Stara Zagora, is already operational and is built on the territory of an industrial estate. It has a peak power of 3 megawatts peak (MWp) and has a 5.5 MWh battery installation.
Bulgarians are the least satisfied with life among EU members
Bulgaria is in last place in terms of life satisfaction among all member states of the European Union, according to Eurostat data for 2023, published today. With an average level of the indicator for the EU of 7.3 points, in Bulgaria it is 5.9. In addition to Bulgaria, the lowest satisfaction was reported in Latvia and Greece - with 6.9 each.
Life satisfaction is measured on a scale from zero to ten. Citizens of 15 of all 27 member states of the European Union have a level of life satisfaction above the EU average. The leader is Finland with a score of 7.8 points, followed by Belgium, Austria, Romania and Slovenia - with 7.7 each.
Court refuses to overturn telecom price increases
Sofia City's Administrative Court has overturned the orders of the Consumer Protection Commission (CPC) to suspend the increase in subscription fees for mobile operators Yettel and Vivacom. The rulings are subject to appeal before the Supreme Administrative Court within seven days.