Energy-intensive enterprises in Bulgaria are threatened to limit or close production due to high electricity prices. In budget 2024, there is no money envisaged for energy compensations for businesses, for hospitals, schools, kindergartens, and other non-household users. This is what Dobri Mitrev, chairman of the Bulgarian Industrial Association, told BNR.
In a letter to the government, BIA pointed out that the European Commission had proposed to extend the temporary crisis measure for state aid until March 31, 2024, or until the end of 2025, because of an expected new surge in electricity prices. The business insists that the mechanism for 100% compensation from the Electricity System Security Fund for prices higher than 100 euros per megawatt hour should be kept or that a similar mechanism must be agreed with the government.
Bulgaria is still on the position that there should be five crossings on the Danube River, Deputy Premier and Minister of Transport and Communications Grozdan Karadjov said at a meeting of the National Assembly Committee on Transport and..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev represented Bulgaria at the regular meeting of the EU Foreign Affairs Council in Brussels, the Ministry of Foreign Affairs reported. Minister Georgiev emphasized Bulgaria’s consistent..
According to the organisers of the Dir.bg website, the awards for the eighth edition of the Web Report ethical journalism competition will be presented at a ceremony on 21 May. The competition aims to showcase and reward journalistic excellence,..
Bulgaria’s President Rumen Radev met in Tokyo with Japan’s Prime Minister Shigeru Ishiba as part of his visit to Japan. Rumen Radev and Shigeru Ishiba..
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it,..
Only 2 kilometers remain to be built on the Bulgarian side of the railway corridor known as Corridor No. 8, which is intended to connect the Adriatic..
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