Employer organizations are demanding an immediate meeting with Prime Minister Kiril Petkov, at which the “situation which poses an imminent danger to the economy and to social peace” resulting from the high prices of electric energy and gas can be clarified. There is a danger of enterprises closing down, jobs being lost, of inflation and poverty, they say.
“We have warned many times that the measures the government is proposing are not working against the backdrop of the natural gas and electricity prices in Bulgaria’s rival economies,” the employers point out further.
The government allocated EUR 225 million in compensation to companies, but businesses warned that this was not enough and would lead to a sharp decline in the economy.
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 country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
The current year 2025 marks the 30 th anniversary of the Bulgarian Association of Information Technologies (BAIT). Speaking to BTA, the chair of BAIT, Irina Radoeva, said that the information technology industry is the fastest growing. More than..
Between January and September 2025, Bulgaria’s capital recorded a 10% increase in tourist arrivals and a 6% rise in overnight stays compared with the same..
Three Air Force officers were presented with the Presidential Badge of Honor, BTA reports. The head of state presented the award to..
On Thursday , the lowest temperatures will be between 4 and 9°C; in Sofia – about 4°C. During the day, there will be significant..
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