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.
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..
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