Bulgaria’s Energy Minister Fires Entire BEH Leadership, Warns Over €1 Billion in EU Funds at Risk

Energy Minister Iva Petrova announced a sweeping overhaul at the Bulgarian Energy Holding, confirming that the entire management of BEH is being dismissed and replaced as the government launches a broad strategic review of the energy sector. During her first public briefing as minister, Petrova said the ministry had already identified serious delays in reforms, stalled investments, and risks that Bulgaria could lose more than 1 billion euros in European funding because of missed deadlines and unfulfilled commitments. “I am dismissing the BEH management and appointing a new management team,” Petrova stated, adding that the goal is to improve “efficiency and transparency” in the work of the state energy holding....