The use of natural gas must be an “intermediary step” towards the creation of a carbon neutral economy, something that is especially true of Bulgaria, European Commission Executive Vice-President Frans Timmermans said in answer to a question from the BNR’s Horizont channel, put during the Euranet Plus Summit 2021:
“In Bulgaria, but also in other countries, the transition away from coal and wood to renewable energy is one step too far, so we have to take an intermediary step in bringing natural gas into people’s homes (…) It is a fundamental transition (…) We have to make sure that this transition is just, if it is not just, if it is not based on solidarity it will just not happen. We all have an interest in making sure that there is no energy poverty, that the transition helps people to pay less for energy not more, and that it is done in a fair way,” Frans Timmermans said.
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..
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