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.
We firmly condemn Iran's continued missile strikes against Israel, we support the regional stability and security of the State of Israel, says a position of the Bulgarian Ministry of Foreign Affairs uploaded on the X network. Due to the tension..
With two flights of the government Airbus in two days, the Bulgarian state managed to evacuate 169 Bulgarians and their families from Lebanon after the escalation of tensions there. "Thank God we're back, " says one of the Bulgarians with..
Trust in NATO (40.1%) and the EU (59.5%) in Bulgaria has increased by 8 and 5 percent respectively in comparison to 2023, according to a study by Gallup International Balkan on attitudes towards the two organizations. Speaking to..
Bulgaria has begun evacuating our fellow citizens who expressed a desire to leave Beirut following Israel's attacks on Lebanon. Some of the Bulgarians..
Some of the Bulgarians in Lebanon were evacuated on a government aircraft flight on Monday evening. The first group, consisting of 89 people, mostly..
''The second evacuation flight from Lebanon will be carried out today around noon, provided the circumstances are favorable'', caretaker Premier Dimitar..
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