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..
The scheme to support Bulgarian businesses due to high electricity prices must be balanced , said Deputy Prime Minister and Finance Minister Asen Vassilev at a meeting of parliamentary committees on finance and energy. According to him, it is not..
The moratorium on electricity, heating and water prices is illegal and their sharp rise could have been prevented if the government temporarily reduced VAT on energy by up to 10%. This was what the chairman of the energy regulator..
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..
Compensation for business proposed by the government due to high electricity prices is not enough and may lead to a sharp economic decline, rise in unemployment and social tensions. This was what representatives of employers'..
“The cabinet must provide an additional budget resource because of the high electricity prices so as to alleviate the burden on businesses,” Prime Minister Kiril Petkov stated during today’s cabinet meeting. The government is also expected to..
The government should immediately lift the moratorium on prices of electricity, heating and water for households and introduce adequate compensations for business. This was what GERB leader and former Prime Minister Boyko Borissov..
“Because of the rising prices on the energy exchange businesses will receive compensations from the state for December, as well as for the first quarter of 2022,” Minister of Energy Alexander Nikolov announced. The companies which have..
The Municipal Council in the town of Sliven has approved the proposal for the construction of a photovoltaic plant on a plot opf 450 decares of municipal land. The land will be given to a private investor through a public procurement procedure, BNR..
The price of electricity with a delivery tomorrow has reached 670 levs /343 euros/ per megawatt hour on the Bulgarian energy exchange . This set a record for a day ahead trading. The exchange and the Electricity System Operator explained to BNR that up..
