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.
The travelling exhibition "Traces of Extinction" features casts of the footprints of endangered species in the Rhodope Mountains. The casts are made of biomaterials that replicate the animals' actual forms and habitats, reports BTA. The exhibition will..
Major repairs to the Danube bridge at Ruse begin on 10 July, the Road Infrastructure Agency has announced. The work will be carried out daily during daylight hours for 10-12 hours a day, depending on the specific work to be carried out, and there..
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. Minimum temperatures will be between 17 and 21°C, 18°C in Sofia. Maximum temperatures will be between 34..
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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