URGENT: US PPI declines by 0.2% in May    Afreximbank: Africa's economies expected to grow by 3.8% in '24    Egypt,Türkiye explore deeper trade Ttes as minister meets with Turkish Business Leaders    Amazon invests $230m in AI start-ups    Egypt's CBE offers EGP 4b zero coupon t-bonds    G7 agrees on $50b Ukraine loan from frozen Russian assets    EU dairy faces China tariff threat    Over 12,000 Egyptian pilgrims receive medical care during Hajj: Health Ministry    Egypt's rise as global logistics hub takes centre stage at New Development Bank Seminar    Blinken addresses Hamas ceasefire counterproposal, future governance plans for Gaza    Prime Minister reviews advances in localising e-chip, semiconductor industry    Egypt's President Al-Sisi, Equatorial Guinea's Vice President discuss bilateral cooperation, regional Issues    Egypt's Higher Education Minister pledges deeper cooperation with BRICS at Kazan Summit    Gaza death toll rises to 37,164, injuries hit 84,832 amid ongoing Israeli attacks    Egypt's Water Research, Space Agencies join forces to tackle water challenges    BRICS Skate Cup: Skateboarders from Egypt, 22 nations gather in Russia    Pharaohs Edge Out Burkina Faso in World Cup qualifiers Thriller    Egypt's EDA, Zambia sign collaboration pact    Madinaty Sports Club hosts successful 4th Qadya MMA Championship    Amwal Al Ghad Awards 2024 announces Entrepreneurs of the Year    Egyptian President asks Madbouly to form new government, outlines priorities    Egypt's President assigns Madbouly to form new government    Egypt and Tanzania discuss water cooperation    Grand Egyptian Museum opening: Madbouly reviews final preparations    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    Egypt to build 58 hospitals by '25    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Bulgarian protests for cheaper energy intensify
Published in The Egyptian Gazette on 24 - 02 - 2013

SOFIA - Tens of thousands of people marched in cities across Bulgaria on Sunday, demanding an end to high utility bills and new voting rules after the government was toppled last week.
Public anger with power monopolies in the European Union's poorest member forced right-of-center Prime Minister Boiko Borisov's cabinet to resign and has put the country on track for an early election by May.
Although Borisov's government managed to maintain fiscal stability since taking power in 2009, belt-tightening has held back growth and driven up unemployment.
His departure has failed to calm voters fed up with low living standards and rampant graft, and his GERB party is now running neck-and-neck with the opposition Socialists ahead of the new election.
The last straw for many was a jump in winter electricity bills that at times exceeded incomes in a country where average salaries are just 400 euros ($530) a month and pensions are less than half that amount.
Much of the anger has been directed at power companies including Czech CEZ and Energo-Pro and Austria's EVN, which bought exclusive rights to distribute energy in specific regions from Bulgaria in 2004.
Waving Bulgarian flags and slogans reading "Fighting for decent life" and "Down with monopolies" over 10,000 Bulgarians marched through downtown Sofia.
"For years and years the politicians failed to impose strict controls over monopolies. This should stop," said 54-year-old Irena Mitova, a shop owner in Sofia.
Demonstrations also took place in around 40 other cities, with some 15,000 people marching in Bulgaria's second and third largest cities Plovdiv and Varna.
Separate, smaller protests were held against an inefficient education system that critics say does not prepare students for the labor market and against high interest charges from retail banks criticized for hurting small businesses.
President Rosen Plevneliev, who will probably appoint a caretaker government and dissolve parliament next week to pave the way for the early election, met protesters and ensured them their voices would be heard.


Clic here to read the story from its source.