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.
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the train conductor of the private Bulgarian company, who is a Romanian citizen, died in the accident...
Sofia Airport has been officially renamed to Vasil Levski Airport at a solemn ceremony on February 19 . The ceremony was attended by Deputy Prime Minister and Minister of Transport Grozdan Karadjov, CEO of the airport operator “SOF Connect” Jesus..
Bulgarian diplomacy, without showing off, is using its influence to free the Bulgarian citizens who are hostages of Hamas in Gaza. We thanked the Bulgarian Ambassador Slavena Gergova and the EU Ambassador to Israel Dimitar Tsanchev, the Bulgarian..
The latest technological solutions, products and projects in the field of agriculture and agro-industry will be presented at the "Agra..
The Vazrazhdane parliamentary party is organizing a protest on February 22 in front of the Bulgarian National Bank against Bulgaria's entry into the..
The agriculture sector in Bulgaria maintains its stability, providing employment to 6% of the population and forming about 4% of the country's GDP. This..
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