Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Businesses want 75% compensation for price of energy

| updated on 12/30/21 5:07 PM
Photo: BGNES

Compensation for business proposed by the government due to high electricity prices is not enough and may lead to a sharp economic decline, rise in unemployment and social tensions. This was what representatives of employers' organizations said at a meeting with President Rumen Radev. According to them, the proposed compensation ceiling of 30% of the difference between the actual market price of electricity for a month and the price defined by the moratorium for households made the measure ineffective and called for compensation of 75%.

President Radev called for “swift and highly-responsible actin so as to neutralize the consequences of the energy price crisis because the energy industry is the fundament for the development of any economy.” In his words this is directly connected with curbing inflation and improving the living standards of the population. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian pupils win 6 medals at Balkan Mathematical Olympiad

Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from the event in Antalya June 25-30 with six medals, the Ministry of Education has announced...

published on 7/1/24 1:46 PM
Patriarch Daniil

Patriarch Daniil: The Church's vocation is to bring together those who are divided

''The Church's vocation is to bring together those who are divided'', the newly-elected Bulgarian Patriarch Daniil said before his first Holy Mass. ''Today is a special day as we celebrate the translation of the relics of St. John of Rila to the Rila..

published on 7/1/24 11:58 AM

GERB's draft cabinet has three priorities

The first and most important goal is the adoption of the state budget. The second is the Recovery and Resilience Plan. The eurozone is a political issue and if we have a government, I believe we can move it forward and then go to elections, GERB..

published on 7/1/24 10:46 AM