The business environment in Bulgaria has deteriorated further. We insist that the National Economic Council be convened, the President of the Bulgarian Industrial Capital Association Vasil Velev said for the BNR. Businesses in Europe receive compensations when electricity prices cross a certain threshold, while in Bulgaria this is not the case. "The retail price of electricity for households is lower than the wholesale electricity prices for the industry, while in Europe the average retail price of electricity for households/ wholesale price for the industry ratio is the opposite", added Vasil Velev.
In his view, the coal industries should be replaced by photovoltaics. "However, Bulgaria may lose European co-financing for this transition if it continues to delay its Recovery and Resilience Plan", Vasil Velev said. In the coming years, this country’s labor market will continue to lose 40 thousand people on an annual basis, the President of BICA predicted.
Caretaker Prime Minister Dimitar Glavchev and Caretaker Minister of Transport and Communications Georgi Gvozdeikov discussed the preparations for the elections for National Assembly and for MEPs on June 9, 2024. Glavchev said that..
In the period July - December 2023, the parliament adopted 51 amendments to 43 laws. 79% or 34 of these 43 laws have been amended more than once. This is the highest percentage of amendments for the past 12 years, the civic..
The PP-DB coalition propose changes to the Health Act envisaging the ban on smoking in indoor public places to cover all smoking products, including non-tobacco ones as well as hookahs. If the changes were adopted in the..
Rain showers will temporarily stop overnight from the west. Clouds will be variable on Monday, often decreasing to mostly sunny spells. It will be windy..
Today, President Rumen Radev will receive caretaker Prime Minister Dimitar Glavchev to discuss with him the proposed changes in the composition of the..
For the early parliamentary elections in Bulgaria and the elections for European Parliament, which will be held on June 9, at this stage it is planned to..
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