Bulgaria and North Macedonia have not reached an agreement on the price of electricity that is to be exported to North Macedonia next winter. At a meeting of the working group held in Sofia, North Macedonia’s representatives asked for a price that is at least 15% below the price at the power exchange market. In other words, the requested price is lower than EUR 400 per megawatt-hour. The negotiations within the working group will continue after September 19.
On September 5, Bulgaria’s caretaker Premier Galab Donev met with North Macedonia’s Prime Minister Dimitar Kovacevski. The two Prime Ministers discussed the possibilities of Bulgaria exporting additional electricity both for the needs of North Macedonia's economy and industry and for household consumers. According to Bulgaria’s Premier, this is a matter of some 200 MWh basеload electricity for the period until March 31, 2023.
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Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
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