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.
It will be sunny and hot on Tuesday. There will be light to moderate northerly wind. The lowest temperatures will range from 17°C to 22°C, for Sofia 17°C. Maximum temperatures will range from 34°C to 39°C, for Sofia - around 33°C. It will be..
Reactor No. 6 of the Kozloduy Nuclear Power Plant was reconnected to the national electricity system at 9 AM on 8 July. The reactor was disconnected on 15 June for planned preventive maintenance of the functioning of a non-nuclear transformer and a..
People in Bulgaria are well aware of the causes and the consequences of climate change, but are uninformed as to the ways to tackle it, indicate data from the latest 6 th climate survey by the European Investment Bank. The survey was..
Wednesday will be hot and sunny. There will be clouds in the afternoon, but rain will only fall in parts of Eastern Bulgaria and in the mountains...
The National Museum of Literature celebrates 174 years since the birth of Ivan Vazov. The celebration also marks the round anniversary of the first..
The start of the major repair of the Danube Bridge near Ruse is the reason for a serious conversation about the connectivity between..
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