A petition in support of Maritsa East Mines and Maritsa East-2 thermal power plant has been launched in the town of Yambol (Southeast Bulgaria). It was organized by the Confederation of Labor Podkrepa. The organizers of the petition insist that Bulgaria’s authorities start discussions on the “Energy” chapter of this country’s Recovery and Resilience Plan.
On Facebook the Chairman of the Confederation of Employers and Industrialists of Bulgaria Kiril Domuschiev called for resignations in the management of this country’s energy sector. “Since the beginning of August, Bulgaria has been the European country with the most expensive electricity”, noted Kiril Domuschiev. Meanwhile, Bulgaria has been exporting electricity whose price is lower than the price of electricity sold on the Bulgarian power exchange, added Kiril Domuschiev.
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in..
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