The government will not allow a rise in the price of electricity for household users after the full liberalization of the electricity market, Prime Minister Nikolay Denkov said before the start of today’s Council of Ministers sitting. His comment comes in response to the fears that electricity bills will go up, triggered by the amendments to the Energy Act.
“I would like to reassure all Bulgarian citizens that this is not going to happen. A price-formation model is in place which will keep the price of electricity for household users the same up until mid-2024,” the prime minister said. After that, a change is possible on the basis of a decision by the Energy and Water Regulatory Commission. Even then, the price rise would not be by more than a few percent, PM Denkov said.
Bulgarian Minister of Agriculture and Food, Georgi Tahov, participates today in a meeting of the EU Agriculture and Fisheries Council, which is held in Luxembourg. The Belgian presidency will invite the Council to endorse a set of..
According to the requirements of the Constitution, on June 24, President Rumen Radev starts consultations with representatives of the parliamentary groups in the 50th National Assembly before handing over the first exploratory mandate..
The night sky will be mostly clear with more clouds until midnight in the western areas of the country where rain showers are possible. On Monday, June 24, the weather will be mostly sunny. In the south-western regions of Bulgaria, cumulus..
The Bulgarian Development Bank (BDB) is starting "unlimited" financing for the country's defense industry. According to caretaker Minister of..
Caretaker Minister of Interior Kalin Stoyanov is attending the ministerial conference of the Salzburg Forum countries in Vienna, the Ministry of..
Bulgaria has been allocated 48.6 million euro for culture under the Recovery and Resilience Plan (RRP) , interim Culture Minister Nayden Todorov said. The..
+359 2 9336 661