The state-owned company Bulgargaz wants a record 58% increase in the price of natural gas in April, arguing that the war in Ukraine has increased natural gas prices on European exchanges.
If the State Energy and Water Regulatory Commission approves the request, prices per megawatt-hour will increase from the current 58 euros to over 92 euros, not including fees and charges.
With such an increase in natural gas prices, according to the pricing ordinance, electricity and heating prices will also rise, after a moratorium to freeze prices at the December 16 level expires on March 31. The final decision on electricity and heat prices for households will be taken by the state regulator on 1 April.
Bulgaria's parliament has approved new regulations for electric scooters, introducing mandatory registration and civil liability insurance under amendments to the Road Traffic Act passed at second reading. The changes, reported by the state-run..
Last night, thousands of people gathered in front of the Palace of Justice in Sofia to protest, demanding an independent judiciary and expressing support for Blagomir Kotsev, the mayor of Varna who was arrested recently. Organised by 'Justice for All',..
The main challenge facing Bulgaria’s armed forces is how to translate political will and allocated resources into effective defence capabilities, President Rumen Radev said on Tuesday during a meeting with Admiral Giuseppe Cavo Dragone, Chairman of the..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
Starting this autumn, the Ministry of Labor and Social Policy will launch a program aimed at attracting Bulgarians from abroad. More than EUR 33..
“Entering the Eurozone does not present any risk to Bulgaria. Adopting the Euro can only serve as a powerful accelerator for our economic growth,”..
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