Electricity prices in Bulgaria are 50 percent higher than those in the main export markets for Bulgarian industry - Germany, Italy, France, Austria. This is stated in a letter from the Association of the Organizations of Bulgarian Employers to the Prime Minister. Industrialists are to start preparing for nation-wide protests if the government did not take measures against the artificial deficit created in order to maintain high prices. It is pointed out that some of Bulgaria's main power plants work at 25% of their capacity while at the same time electricity is exported abroad.
"The situation has deeply aggravated the competitive position on the pan-European market, which shows unacceptable and irresponsible behavior of the competent institutions," the letter reads.
More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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