The business environment in Bulgaria has deteriorated further. We insist that the National Economic Council be convened, the President of the Bulgarian Industrial Capital Association Vasil Velev said for the BNR. Businesses in Europe receive compensations when electricity prices cross a certain threshold, while in Bulgaria this is not the case. "The retail price of electricity for households is lower than the wholesale electricity prices for the industry, while in Europe the average retail price of electricity for households/ wholesale price for the industry ratio is the opposite", added Vasil Velev.
In his view, the coal industries should be replaced by photovoltaics. "However, Bulgaria may lose European co-financing for this transition if it continues to delay its Recovery and Resilience Plan", Vasil Velev said. In the coming years, this country’s labor market will continue to lose 40 thousand people on an annual basis, the President of BICA predicted.
The civil initiative Justice for All is organising a protest in Sofia tonight under the slogan 'Out with Sarafov, Peevski's henchman!'. It will begin in front of the Palace of Justice and continue with a march to the historic building of the National..
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During operation “Orient Express”, customs officers at the Kapitan Andreevo border crossing seized a record amount of 205.9 kg of..
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