The Bulgarian Industrial Capital Association has asked the government for a short-term measure to provide energy aid to Bulgarian business. The industry is calling for compensation for the consumed electricity in the period October 1 to March 31, 2022 totaling 35 euros per megawatt hour. The subsidy will be adequate to preserve the Bulgarian economy until the current energy price crisis is overcome, according to the association. In September, businesses pay 160 euros per megawatt hour of electricity, while the price for the population is 60 euros, Krasimir Dachev, deputy chairman of the Bulgarian Chamber of Commerce and Industry, said.
Meanwhile, Bulgargaz has called on the energy regulator to raise the price of natural gas by another 16% in October.
"I have tried to get experts into the government, to achieve continuity and the cabinet to be politically balanced," caretaker Prime Minister Dimitar Glavchev said when presenting the composition of the already active caretaker cabinet to the President...
Caretaker Deputy Prime Minister and Finance Minister Lyudmila Petkova, Vice President of the European Commission Valdis Dombrovskis and European Commissioner for Economy Paolo Gentiloni signed, in Luxemburg, a partnership agreement between the..
The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..
Joining the Eurozone later in 2025 is a possible scenario, and at this stage, it is a more likely one, Bulgarian National Bank Governor Dimitar Radev..
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