Bulgaria’s Premier Kiril Petkov has promised the five nationally representative employers' organizations in Bulgaria that the state would pay higher compensations to non-household consumers of electricity. The Chairman of the Bulgarian..
T he 2022 draft budget will be submitted to the National Assembly at the end of January after consultations with the ministries and the social partners, Bulgaria’s Deputy Prime Minister and Minister of Finance A s sen Vassilev..
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..
