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.
Bulgaria continues to be dedicated to the joint mission of developing the potential of science in support of peace in a world of fierce competition and for the positive development of our societies. This was what Bulgarian President..
Another 80 Bulgarian citizens from Lebanon landed at Sofia airport on board the government’s plane. The number of evacuated people with two flights after September 30 is now 169. The latest flight was welcomed by Minister of..
The regional organization of Jews in Bulgaria "Shalom" for the city of Varna has collected over BGN 3,000 at a charity auction of paintings by famous artists to help the residents of the village of Voden , Yambol region, reported BNR correspondent in..
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..
On Tuesday it will be sunny and windy in most parts of the country. Clouds will develop in the northeast and along the Black Sea coast, where it may rain..
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