The Bulgarian Electricity System Operator will invest nearly EUR 31 million in the construction of an electrical grid which will boost the electricity distribution capacity between Bulgaria and Romania. The measure is in line with the European Mechanism that promotes Policy Coherence for Development. The power line will distribute electricity from wind power plants in Northeast Bulgaria and Southeast Romania to Greece and Turkey. The Bulgarian Ministry of Energy contends that the construction of the power grid will improve the security of the power transmission system in Southeast Europe.
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code , BNR “Horizont” reports. According to sources, the minimum wage will be €605 rather than €620 (BGN..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
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