Bulgarian chief prosecutor wants to revoke ČEZ's license

Bulgarian Chief Prosecutor, Sotir Tsatsarov, has requested to revoke the Czech state-owned energy company ČEZ's distribution license in the country, citing deplorable pricing tactics that were revealed during a month-long investigation into the firm. ČEZ denies the allegations and said it did not yet receive the findings. Investigations into Czech and Austrian energy distributors in Bulgaria were triggered by massive street protests over high energy prices in January.

Author: Masha Volynsky