The Specialized Prosecutor's Office is launching an investigation into the record high prices of electricity traded on the energy exchange. Last week, employers' organizations sent a letter to this country’s caretaker Premier Stefan Yanev requesting urgent action on the electricity prices. In August, the price of electricity on the energy exchange in the Day Ahead segment exceeded EUR 205/MWh.
The Specialized Prosecutor's Office requested documents and information from various institutions such as the Ministry of Energy, the Bulgarian Energy Holding and the Independent Bulgarian Energy Exchange (IBEX). The State Agency for National Security (SANS) is also expected to undertake inspections.
Bulgarian President Rumen Radev had a telephone conversation with Polish President Andrzej Duda ahead of the upcoming Three Seas Initiative Summit in Warsaw. Radev highlighted the importance and potential of bilateral industrial cooperation, including..
For the second year in a row, the Bulgarian Industrial Association (BIA) will today present its "Effectiveness of Economic Policy" index. The index identifies specific weaknesses in Bulgaria's economic policies that, if addressed, could improve the..
On Thursday lows will be between 7 and 12°C, 9°C in Sofia. Before noon it will be sunny. Around and after midday, cumulus clouds will develop and there will be brief showers in the western parts of the country. Maximum temperatures will be between 22..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
Bulgaria’s Ambassador to the United States Georgi Panayotov has requested an early end to his term, the Ministry of Foreign Affairs announced. The..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA...
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