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EU’s energy union report card outlines challenges faced by Bulgaria

EU’s energy union report card outlines challenges faced by Bulgaria
Sofia, November 19, 2015/Independent Balkan News Agency

Bulgaria’s complex issues in the energy sector and lack of reforms had “compromised the financial stability of public and private stakeholders”, the EU said in its first State of the Energy Union report, published on November 18.

The report, the first of its kind, comes nine months after the EU adopted an energy union framework strategy and is meant to serve as the measuring stick for progress made in implementing the strategy.

In Bulgaria’s case, the EU noted that domestic coal production – accounting for 34 per cent of gross energy consumption, double the EU average rate – made the country less dependent on imports than the bloc’s average, but the fact that Bulgaria imported all gas and nuclear fuel from Russia made it vulnerable to disruptions.

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