Bulgaria has the right to deny access to Balkan Stream's gas infrastructure. This is what the MPs wrote in the final amendments to the Energy Act. The right of this country to refuse access to the gas pipeline is related to the European directive on gas infrastructure from 2019, BNR’s Dobrina Karambolova reported.
The changes also eliminate the 5% fee paid to the Electricity System Security Fund by producers of electricity from renewable energy sources. Adopted changes envisage that producers with a total installed capacity of 500 kilowatts to 1 megawatt will be able to enter the free market.
Tenders for reservation of cold reserve capacities for production of electricity have been canceled.
Fitch Ratings has revised the outlook on Bulgarian Development Bank’s Long-term Issuer Rating to Positive from Stable and affirmed the Long-Term IDR and Support Rating Floor at “BBB”, announced the international credit rating agency. The revision of..
The Association of Industrial Capital in Bulgaria (BICA) has presented a National Map of undeclared employment prepared by it. It is the undeclared employment that is the most common gray practice that is found on the labour market in Bulgaria...
Fitch Ratings has raised the outlook on Bulgaria's Long-Term Foreign-Currency Issuer Default Rating (IDR) from stable to positive . The current assessment stems from lower macroeconomic risks associated with the Covid-19 crisis,..
Fitch Ratings has revised the outlook on Bulgarian Development Bank’s Long-term Issuer Rating to Positive from Stable and affirmed the Long-Term IDR and..
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