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.
During the night, the weather will be predominantly clear and calm. There will be fog or low clouds before midday in parts of the lowlands, valleys and around water basins. Minimum temperatures minus 4-1° C., for Sofia around minus 2° C. On..
Bulgarian Debora Mihaylova , who was brutally slashed with a mock knife by her boyfriend Georgi Georgiev , is one of the victims of violence mentioned by Ursula von der Leyen in her address on the occasion of the International Day for the Elimination of..
In a letter to Minister of Education Galin Tsokov, the Bulgarian Industrial Capital Association expresses concern over the state plan for admissions for the 2025-2026 academic year, in which the number of vocational classes in schools are being..
The Institute for Computer Science, Artificial Intelligence and Technology at Sofia University "St. Kliment Ohridski has made available for free use the..
Rumen Radev's visit to Vietnam began with a meeting with the community of Vietnamese citizens who have studied and worked in Bulgaria - representatives..
President Rumen Radev has arrived on an official visit to Vietnam . This is the first visit of a foreign head of state since the new President Leung..
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