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.
Health Minister, Silvi Kirilov, will officially open the newly built helicopter landing pad at the Dr Tota Venkova Multiprofile Hospital for Active Treatment in Gabrovo today, the hospital's press office has announced. The helipad was certified at the..
On Tuesday, minimum temperatures will range from 5 to 10°C , 7°C in Sofia. There will be significant cloud cover throughout the day, with light precipitation in some eastern and mountainous regions. Maximum temperatures will range from 15 to 20°C ,..
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 on the site of the former Soviet Army Monument in Sofia, in order to serve as a unifying symbol for..
The Ministry of Innovation and Growth is hosting a discussion on the topic "The Eurozone as part of the path to economic transformation". The press..
A themed exhibition dedicated to the pumpkin is one of the highlights of the traditional "Autumn Encounters with Plants" and the Days of Autumn..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the..
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