The Bulgarian Industrial Capital Association has asked the government for a short-term measure to provide energy aid to Bulgarian business. The industry is calling for compensation for the consumed electricity in the period October 1 to March 31, 2022 totaling 35 euros per megawatt hour. The subsidy will be adequate to preserve the Bulgarian economy until the current energy price crisis is overcome, according to the association. In September, businesses pay 160 euros per megawatt hour of electricity, while the price for the population is 60 euros, Krasimir Dachev, deputy chairman of the Bulgarian Chamber of Commerce and Industry, said.
Meanwhile, Bulgargaz has called on the energy regulator to raise the price of natural gas by another 16% in October.
The tariffs imposed on European goods by the Trump administration are expected to have both direct and indirect effects on Bulgarian exports. The Ministry of Economy and Industry has calculated the direct impact at €468 million, while..
The Celestial Empire, the “world’s factory”—that is China, the globe’s second-largest economy. The Asian powerhouse is actively expanding its economic reach worldwide, with the Belt and Road Initiative as the apogee of these efforts, through which..
The demand for employees increased by 5% in August, or by over 1,700 more offers compared to July, one of the largest HR companies in Bulgaria reported to BTA. But on an annual basis there is a decline of 7% , or by 3,100 offers. The "Trade..
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