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

Finance Minister: We need a balanced scheme to help businesses over expensive electricity

Photo: BGNES

The scheme to support Bulgarian businesses due to high electricity prices must be balanced, said Deputy Prime Minister and Finance Minister Asen Vassilev at a meeting of parliamentary committees on finance and energy. According to him, it is not possible for the state to take the full risk of businesses in the electricity sector. 

"The dramatic situation is due not so much to increased consumption or less supply on the Bulgarian market, but to the connection of the Bulgarian market with international markets and the extremely high level of exports, which raises prices," said the Minister. 
The Ministry of Finance has provided a total of BGN 860 million in budget funds for additional support of Bulgarian businesses in the period December-March.



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

38% of adults in Bulgaria will go to the polls in October election: Survey

If the election for parliament were to be held today, 7 political formations are certain to enter the National Assembly, indicates a poll by Trend agency, commissioned by 24 Chasa daily. GERB/SDS comes first with an approval rating of 24.8%...

published on 9/27/24 10:26 AM

Bulgaria, Romania, Greece and Croatia coordinate positions on EU and Ukraine

The foreign ministers of Bulgaria, Romania, Greece and Croatia held a meeting within the framework of the general debate at the UN General Assembly in New York, Bulgaria’s Foreign Ministry has announced. The foreign ministers of the four..

published on 9/27/24 10:01 AM

Renowned pianist Marta Deyanova has died

Renowned Bulgarian pianist Marta Deyanova has died in London at the age of 77, her son Martin wrote on Facebook. Marta Deyanova graduated from the Bulgarian National Music Academy, and honed her piano skills at the conservatoire in Antwerp,..

published on 9/27/24 9:32 AM