Nine Member States in the European Union produce lignite, also called 'brown coal', for electricity and heat production, Eurostat data show. Germany is the main producer and accounted for about 45% of total EU lignite production in 2018 followed by Poland (16%), Czechia (11%), Greece (10%), Bulgaria (8%) and Romania (6%).
In 2018, 9% of the total gross electricity produced in the EU was based on lignite, the same as the amount of electricity produced from other bituminous coal and more than double the amount from solar photovoltaic.
But Bulgaria is among the most heavily dependent countries on lignite, the most low-calorie and most polluting kind of coal. Czechia derives 43% of its electricity from lignite, Bulgaria (38%), Greece (32%) and Poland – 29%.
According to the European Commission's spring economic forecast for this year, inflation in Bulgaria is expected to reach 3.1 % in 2024 and 2.6 % in 2025 . The anticipated downtrend in external prices is expected to limit inflation in both energy and..
In March 2024, 1,518 people in Bulgaria had deposits of more than BGN 1 million, while in March 2023, 1,277 Bulgarians had such deposits, according to the latest BNB data. Deposits between BGN 200 thousand and BGN 500 thousand grew the most..
In the first quarter of 2024, the country’s real GDP growth is expected to accelerate, which is a prerequisite for similar annual dynamics, the Bulgarian National Bank said in its regular economic review. The GDP growth is mainly due to the..
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