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Natural gas price reduced by 17.64%

According to a decision of the Energy and Water Regulatory Commission, natural gas becomes 17.64% cheaper as of today. In February, natural gas costs BGN 109.88 per megawatt-hour without fees and taxes, or EUR 56.18 per MWh. The..

01.02.22 16:30 |
Energy Minister Alexander Nikolov

Bulgaria stands to lose if it stops exporting electricity: Energy Minister Alexander Nikolov

“It would only be possible for Bulgaria to stop exporting electricity if we agree not to be in the EU,” Bulgaria’s Energy Minister Alexander Nikolov said in an interview with Nova TV. “If we stop exporting electricity the price will fall. But..

31.01.22 10:41 |

Rising prices are Bulgarians’ biggest problem: Survey

The rising prices are challenge number one for the new government, indicates a survey by Trend sociological agency commissioned by 24 Chasa newspaper.  58% of the respondents say that this is the most urgent issue that needs to be addressed...

26.01.22 13:48 |

Household gas consumers to receive compensation

Household gas consumers are to receive compensation from the state. The aid for households for December will be 13.69 euros per megawatt-hour and for January - 21.64 euros per megawatt-hour. The aid for the business caused by the high electricity..

20.01.22 18:01 |

Inflation in 2021 at its highest in 13 years

7.8% is the inflation rate in Bulgaria for 2021. The last time such a rate has been registered was in 2008, the National Statistical Institute says.  Because of the pandemic, the forecasts for 2022 are for inflation of 6%. This will reduce..

18.01.22 13:16 |

Kiril Petkov: There will be no frightening scenarios after end of moratorium on electricity prices

No imbalances would break out after the end of the moratorium on electricity prices, Prime Minister Kiril Petkov said in an interview with BNR. According to him, there would be no "frightening scenarios". He added such scenarios that..

16.01.22 14:58 |

Real estate prices in Bulgaria continue upward trend

Real estate agents warn that the rates at which real estate prices are going up in Bulgaria are outpacing the rise in household incomes, and that this could result in an inability to pay off credits. Last year the prices of real estate..

08.01.22 16:51 |

Inflation in Bulgaria has reached levels of 2009

The annual inflation rate in Bulgaria accelerated to 6.3% in November, as the last time similar levels ​​were observed in this country was in early 2009. The difference is that then there was a process of disinflation after a period of a double-digit..

07.01.22 15:35 |

Bulgarian Minister of Energy: We would not allow bankruptcies caused by rising gas prices

Due to the sharp rise in gas prices this month, the finance and energy ministries would adapt measures to help district heating companies avoid bankruptcies and shutdowns in the winter. This was promised at a briefing by Energy Minister Alexander..

04.01.22 19:04 |

Employers demand urgent measures over high electricity prices

Employer organizations are demanding an immediate meeting with Prime Minister Kiril Petkov, at which the “situation which poses an imminent danger to the economy and to social peace” resulting from the high prices of electric energy and gas can be..

04.01.22 13:35 |
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