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.
Candidates for EU membership must abide by the criteria and conditions they have agreed to themselves . This was stated by Bulgarian Foreign Minister Georg Georgiev after a meeting in Sofia with his German counterpart Johann Wadephul, BGNES..
During his visit to Bulgaria, which coincided with the signing of the Gaza agreement in the Egyptian resort of Sharm el-Sheikh, the German Foreign Minister Johann Wadephul commented on the ceasefire between Israel and Hamas. Bulgaria and..
The relations between Bulgaria and Germany are excellent. Germany is among our closest strategic partners. This was stated by Foreign Minister Georg Georgiev after a meeting with his visiting German counterpart Johann Wadephul. The two discussed..
Matan Angrest, who holds Bulgarian and Israeli citizenship, was among the twenty hostages released by Hamas in the Gaza Strip , the Israeli Ministry of..
Education Minister Krasimir Valchev is set to propose a public debate on banning social media for children under 15, reports BNR correspondent Nezabravka..
An initiative committee led by the historian Georgi Markov, has proposed that a monument to Khan Asparuh, the founder of the Bulgarian state, be erected..
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