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EC permits Bulgaria to make payments to businesses to compensate for high electricity bills

The European Commission has informed the Bulgarian government that the payments to businesses, amounting to 110 Leva per MWh (56 euro), do not constitute state aid and Bulgaria can apply this measure to protect non-household consumers against high..

11.11.21 18:34 |

Bulgaria calls for coordinated approach to tackling the energy crisis at meeting in Brussels

An analysis of the impact of high energy prices on the whole economy is needed. This is what Bulgaria's Minister of Finance Valeri Belchev called for at today's Economic and Financial Affairs Council in Brussels. He stressed that high prices and the..

09.11.21 19:32 |

Price of natural gas for business remains unchanged

On November 1, the Bulgarian energy regulator approved the price of natural gas for households, district heating companies and some enterprises on the regulated market. It is 93 BGN per megawatt-hour. The nationally represented..

03.11.21 16:44 |

Electricity prices on exchange surge to EUR 232.39

Electricity prices on many of Europe’s energy exchanges went up on Friday, in Bulgaria they rose by over 25%. At 232.39 euro (454.52 Leva) per MWh, the price of electricity placed Bulgaria among the top 5 countries with the highest prices..

21.10.21 19:34 |

Government votes on position for tackling high electricity prices

At today's meeting, the caretaker government decides on the Bulgarian position for the forthcoming European Council, which will discuss the issue of high energy prices and measures to solve the problem. This was announced last night..

19.10.21 07:50 |

Fuel prices will rise dramatically after 2023

Fuels will continue to rise in price due to higher world prices and the depletion of Bulgarian storage reserves accumulated at lower prices. In 2021, the price increase is by one third, the chairman of the Bulgarian Oil and Gas Association Zhivodar..

07.10.21 10:30 |

Housing market in Bulgaria sees deals with real estate stagnant for years

Properties that have been "stagnant" on the Bulgarian real estate market for 8-10 years due to high prices demanded by the owners are now subject to transactions. Housing prices continue to rise, and the segment of houses near major cities remains..

05.10.21 17:46 |

Ministry of Interior and State Agency for National Security check Energy and Water Regulatory Commission

SANS and the Ministry of Interior have requested information from the Energy and Water Regulatory Commission and the Independent Bulgarian Energy Exchange, the two institutions have told BNR. They did not specify what the required..

23.09.21 15:13 |

Bulgarian industry calls for energy aid

The Bulgarian Industrial Capital Association has asked the government for a short-term measure to provide energy aid to Bulgarian business. The industry is calling for compensation for the consumed electricity in the period October 1..

21.09.21 12:42 |

Market unification with Romania would not affect electricity prices significantly

The forthcoming market union with Romania will not have a significant impact on electricity prices. This is what CEO of the Independent Bulgarian Energy Exchange Konstantin Konstantinov said. Speaking to the parliamentary..

24.08.21 14:01 |
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