The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which filled the underground gas storage facility Chiren, in November 2022, to 80% before the start of the heating season. The aid will be in the form of direct grants to the natural gas suppliers to compensate for part of their losses sustained as a result of the storage of expensive gas in the summer of 2022 with the aim of fulfilling the country’s obligation to store and subsequently sell it at lower prices from November 2022 to April 2024. The ceiling for the aid is EUR 76.7 per MWh. In calculating the final amount of state aid, only half of the stored gas can be taken into account. The scheme will be in force until the end of this year.
"Bulgaria welcomes the UN80 initiative as a step toward a stronger organization and supports reforms in the United Nations", said Prime Minister Rosen Zhelyazkov during a meeting with the United Nations Secretary-General António Guterres,..
Foreign Minister Georg Georgiev met Qatar’s Minister of State for Foreign Affairs, Sultan bin Saad Al-Muraikhi , on the sidelines of the 80th session of the UN General Assembly in New York. Mr Georgiev said that Bulgaria was keen to expand..
Over the next 24 hours, cloud cover will be mostly significant. There will be rain showers in some areas of Western Bulgaria and the far southeastern regions. A light to moderate wind will blow during the night. On Friday, there will be..
Underwater excavations near Cape Kilik in Bulgaria’s Avren municipality have revealed evidence of a harbour dating back to the early 1st millennium BC...
On Thursday, the lowest temperatures will be between 9 and 14°C; in Sofia – about 12°C. During the day there will be rain showers in..
Bulgarian Foreign Minister Georg Georgiev told a B4 meeting that EU enlargement is a natural priority for Sofia. Speaking on the sidelines of the..
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