A petition in support of Maritsa East Mines and Maritsa East-2 thermal power plant has been launched in the town of Yambol (Southeast Bulgaria). It was organized by the Confederation of Labor Podkrepa. The organizers of the petition insist that Bulgaria’s authorities start discussions on the “Energy” chapter of this country’s Recovery and Resilience Plan.
On Facebook the Chairman of the Confederation of Employers and Industrialists of Bulgaria Kiril Domuschiev called for resignations in the management of this country’s energy sector. “Since the beginning of August, Bulgaria has been the European country with the most expensive electricity”, noted Kiril Domuschiev. Meanwhile, Bulgaria has been exporting electricity whose price is lower than the price of electricity sold on the Bulgarian power exchange, added Kiril Domuschiev.
Bulgaria has taken on new foreign debt of 3 billion euro and 1.5 billion US dollars, the Finance Ministry has announced. The triple tranche of Bulgarian bonds has sparked great interest among investors, allowing the country to secure extremely..
The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..
The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant." This project will be..
The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's..
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