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.
A special operation on Bulgaria's southern Black Sea coast has seized 18,000 canistars of laughing gas. Warning protocols were issued to 15 people selling laughing gas balloons to stop selling the product to minors and indoors. Specialists from..
State gas supplier Bulgargaz has filed a lawsuit against Russia's Gazprom Export at the ICC International Court of Arbitration in Paris, the Bulgarian company said. The Bulgarian side is seeking compensation of more than 400 million euro for damages..
The leader of "Democrats for a Strong Bulgaria" (DSB), Atanas Atanasov, has told BNT that a single body should be created in "We Continue the Change - Democratic Bulgaria", which is to discuss all issues and make common decisions in..
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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