Constructive Reform Efforts and Their Rogue Opponents in Bulgaria

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2050

Power generation, another priority for economic development, has a separate chapter in the document. Accordingly, chapter XVI (16) enumerates the six main priorities in the energy sector. These are:

1. Energy security and continuation of the deep offshore Black Sea exploration and undertaking of new tender for the Teres black;

2. Implementation of the EU decision concerning TPP Maritsa East 1 green field project, owned by AES, and the TPP Maritsa 3 rehabilitation project, co-owned by Contourglobal and the state-owned NEC;

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3.  Optimizing the costs and feasibility of the largest state owned companies that are part of the Bulgarian Energy Holding

4.  Construction of the gas interconnectors with Romania, Greece and Serbia, and future electricity Interconnectivity, primarily with Greece.

5. Full liberalization of the electricity and gas markets.

6. Careful and gradual development of nuclear energy.

This governance program, if implemented, will allow Bulgaria the enjoyed economic growth of the past 25 years. A serious roadblock on the path of smooth implementation of this governance program has been erected though, by the strange personality of the deputy Prime Minister, Valeri Simeonov.

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Dr. Miklos K. Radvanyi
Dr. Miklos K. Radvanyi is the Vice President of International Policy at Frontiers of Freedom. He has earned advanced degrees from the Eotvos Lorand Scientific University, in Budapest, Hungary; the School of Advanced International Studies at Johns Hopkins University; and the National Law Center at George Washington University. He has also served as the foreign affairs advisor to U.S. Senator Orrin Hatch and U.S. Representative Christopher Cox. He escaped communist rule in Hungary during the height of the cold war and immigrated to America. He is an expert on geopolitical affairs, national security, and foreign affairs. He has written extensively and been published in at least three different languages and has lectured around the world on foreign policy and world affairs.