Maritsa Iztok Mines

Bulgaria's Radnevo Municipality Virtually Bankrupt

The southern Bulgarian municipality of Radnevo is virtually bankrupt, according to the Mayor, Yulian Ilchev.

In a Monday interview for the Bulgarian National Radio, Ilchev said he expected urgent assistance from the caretaker government, adding that he had sent a letter to caretaker Prime Minister Georgi Bliznashki about the problem which Radnevo was facing.

Bulgaria's Caretaker Govt Starts Reshuffle at Energy Companies

Bulgaria's caretaker government has initiated a reshuffle at key energy companies.

Georgi Hristozov has been removed from the Board of Directors of the Bulgarian Energy Holding (BEH) and is to be replaced by Anton Pavlov, caretaker Deputy Minister of Energy.

Hristozov remains on the Board of the Directors of Bulgaria's largest coal mining company, Maritsa Iztok Mines.