The price of natural gas could go down, as of May, by more than the 7% envisaged. The reason is the collapse of the price of oil and its derivatives on the world markets over the past few days.
“The recalculations will be presented on 1 May,” said Bulgargaz CEO Nikolay Pavlov. Whether central heating and hot water prices will go down and by how much, as a result of the drop in natural gas prices, is yet to become clear. Under the agreement concluded recently between Bulgargaz and its Russian supplier Gazprom Export, the price of oil is calculated every month according to a formula which includes the prices of oil and gas from several European hubs.
President Rumen Radev has sent a letter to President Cyril Ramaphosa expressing his gratitude for the decision of the Republic of South Africa to lift visa requirements for short-term stays for Bulgarian citizens. Radev..
At a meeting in parliament in the presence of the party leaderships, the GERB-SDS coalition and the DPS-New Beginning party agreed on a full mandate to govern and fulfil the commitments for Bulgaria’s Euro-Atlantic orientation. This..
On October 21, the Ministry of Finance assumed domestic debt and sold government securities for 145 million euros with 3-year maturity. In 2025, the state assumed domestic debt of 1.45 billion euros. Debt of 7.2 billion euros was..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
Legislative amendments banning individuals sanctioned under the global Magnitsky law from holding senior government or party positions will likely be..
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