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.
Since the beginning of the month, there have been almost 200 fire accidents a day, said Chief Commissioner Aleksandar Dzhartov, director of the Fire Safety and Civil Protection Directorate. The main reason for the increase in the number of incidents..
Bulgaria has been allocated 48.6 million euro for culture under the Recovery and Resilience Plan (RRP) , interim Culture Minister Nayden Todorov said. The ministry has to revise the first two of six programmes in the sector to receive the first..
2023 was another year in which high-level corruption in Bulgaria remained under the radar, as the criminal proceedings conducted did not reflect the true state of corruption in the public sector, according to one of the findings of the Anti-Corruption..
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..
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