Policy Tracker: Economic Governance and Performance of the State-owned Energy Sector
Policy Tracker: Economic Governance and Performance of the State-owned Energy Sector
Author(s): Author Not Specified
Subject(s): Social Sciences, Economy, National Economy, Energy and Environmental Studies, Sociology, Economic development, Sociology of Politics, Socio-Economic Research
Published by: Център за изследване на демокрацията
Summary/Abstract: Bulgaria’s energy sector is characterized by severe financial weaknesses related to high levels of indebtedness, low profitability and bad governance. The financial outlook of state-owned enterprises has become increasingly problematic in the 2011-2013 period. An overview of the financial health of the largest energy companies reveals a desperate need for liquidity and a reform of the pricing method to abolish destabilizing subsidies, improve debt collection and the energy mix, and invest in the minimization of power distribution losses.
Series: CSD Ecology - Energy - Environment Papers
- Page Count: 14
- Publication Year: 2014
- Language: English
- Content File-PDF