Podcast in English
Text size
Bulgarian National Radio © 2025 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

National Assembly to elect heads of State Intelligence Agency and State Agency Technical Operations

On a proposal by the Council of Ministers, the heads of the State Intelligence Agency and the State Agency Technical Operations will, from now on, be elected by the National Assembly, BNR’s Maria Fileva reports. This means the president’s powers..

published on 10/10/25 2:45 PM
Transport Minister Grozdan Karadjov

Three new Siemens Smartron locomotives put into service

Three new electric locomotives Siemens Smartron are entering service as of today, Transport Minister Grozdan Karadjov has announced. Two of them will be running along the Sofia-Burgas line, and one – along the Sofia-Russe line. The new..

published on 10/10/25 2:24 PM

European commissioner for agriculture says vaccinating animals is last resort

Prime Minister Rosen Zhelyazkov, Minister of Agriculture Georgi Tahov and Commissioner for Agriculture and Food Christophe Hansen inaugurated the reconstructed main irrigation canal Trakiets near Konush village.   The reconstruction increases..

published on 10/10/25 1:12 PM