The Energy and Water Regulatory Commission is ready to introduce block rate tariffs for electricity, heating and water. As a result, consumption below a certain threshold will be charged at a lower rate, whereas consumption above these thresholds will be charged at higher rates. Thus, we will be able to better address energy poverty. However, we need the approval of the country’s National Assembly to adopt such a measure, the Chairman of the energy watchdog Stanislav Todorov said for the BNR.
"There will be clarity about prices when another long-term contract for the supply of natural gas is signed. It is very expensive to buy on the month-ahead and day-ahead market", Stanislav Todorov said. Europe is experiencing the biggest energy crisis in 40 years. However, household consumers in Bulgaria pay the lowest prices, Stanislav Todorov went on to say.
A forum entitled "Career and Life - Why in Bulgaria?", organized by the Bulgaria Wants You platform, was held at the Royal Geographical Society in London on October 20. The event, which took place for the second time, attracted significant..
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..
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