Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian business sector calls for electricity price compensations to continue

Photo: pixabay

Businesses have demanded compensation for high electricity prices. In a letter to the prime minister and ministers, employers' organizations remind that the current compensation scheme expires in September and call for urgent measures. A possible delay in extending compensations will lead to a severe liquidity crisis for the vast majority of non-residential electricity consumers, production shutdowns and job cuts. 

Against the background of the ongoing series of crises, Bulgarian businesses are unable to bear another price shock, the letter says.

Businesses remind that non-domestic users include all public institutions - hospitals, schools, kindergartens, museums, theatres, municipalities.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgarian National Bank building

Within the framework of the budget deficit the government takes on new 3-year debt

The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..

published on 5/28/24 9:19 AM

BNB reminds why the real estate market should not be overheated with mortgages

The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..

published on 5/27/24 12:44 PM

Standard & Poor's confirms Bulgaria's rating and positive outlook

The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive.  If a stable..

published on 5/25/24 10:50 AM