Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Businesses want 75% compensation for price of energy

| updated on 12/30/21 5:07 PM
Photo: BGNES

Compensation for business proposed by the government due to high electricity prices is not enough and may lead to a sharp economic decline, rise in unemployment and social tensions. This was what representatives of employers' organizations said at a meeting with President Rumen Radev. According to them, the proposed compensation ceiling of 30% of the difference between the actual market price of electricity for a month and the price defined by the moratorium for households made the measure ineffective and called for compensation of 75%.

President Radev called for “swift and highly-responsible actin so as to neutralize the consequences of the energy price crisis because the energy industry is the fundament for the development of any economy.” In his words this is directly connected with curbing inflation and improving the living standards of the population. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

L to R: Atanas Zapryanov, Angel Tilvar, Nikos Dendias

Bulgaria, Greece and Romania to set up military corridor in NATO’s Eastern flank

Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern flank. “Today my Bulgarian and Romanian counterparts, Mr. Atanas Zaprianov and Mr. Angel..

published on 7/11/24 1:17 PM

DPS parliamentary group splits, the second mandate for cabinet goes to PP-DB

The parliamentary group of the Movement for Rights and Freedoms (DPS) has excluded 17 MPs. Among them is the co-chairman Dzhevdet Chakarov. The decision was read in the plenary hall by the Deputy Speaker of the National Assembly,..

published on 7/11/24 11:25 AM
Dimitar Glavchev

Bulgaria asks Skopje to return to the 2017 good-neighbourliness agreement

We discussed how to make NATO stronger, focusing on the collective, while at the same time strengthening the defense of each member country, caretaker Prime Minister Dimitar Glavchev said. He added that in the discussions in..

published on 7/11/24 9:37 AM