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.
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
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