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.
As Commander-in-Chief of the Bulgarian Armed Forces, I firmly oppose sending troops to Ukraine in any form, said President Rumen Radev during a celebration of the 35th anniversary of the establisment of the Confederation of Independent Trade Unions in..
We are working with the INSAIT Institute in Sofia. If they approve our project, in 2026 we will build an AI factory, Petar Statev from the Supervisory Board at Sofia Tech Park has told the Bulgarian National Radio. The..
According to the regular sociological survey by Gallup International Balkans in January 2025, society has moderate expectations for positive changes in Europe and Bulgaria from the policies of the new US President Donald Trump. 30.4%..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
Значителна облачност със сняг
Rain / Snow
Snow
Wet snow