Bulgarian government proposes compensations for the electricity prices for the month of May equal to 80% of the increase over 100 EUR/MWh. The measures for natural gas prices envisage 100% compensation of the price increase in May, the cabinet announced at a briefing after a meeting with employers and representatives of the trade unions.
For July and beyond the plan is to automate the process of compensating businesses for high electricity prices through legal changes, Energy Minister Alexander Nikolov said.
We are still ready to stage a protest, although we have no reason to do so at the moment. We believe that the employers' demands on energy prices have been met, said Vassil Velev, chairman of the Industrial Capital Association.
Saturday will be hot and sunny. Cumulus clouds will develop over the mountainous areas in the afternoon, but there will be no rain. There will be light to moderate east-northeast winds in eastern Bulgaria. Maximum temperatures will be between 32°C and..
In 2022, 2.78% of the population in Bulgaria was experiencing water shortages (drought), mainly on a seasonal basis. The most affected districts are Lovech (24.9%), Targovishte (19.0%), Blagoevgrad (14.8%) and Pernik (12.9%), according to the National..
The Ministry of Finance has drafted a law on crypto-assets markets to regulate trading in this type of instruments, BNR’s Radio Sofia reports. The initiative comes in response to the European Markets in Crypto-Assets Regulation (MiCA) which comes..
Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading..
Bulgaria ranks second in the European Union in the number of companies with more than 40% Russian ownership, according to a survey by Moody's. The..
The Bulgarian Pavilion at this year's Venice Biennale is a great success among international journalists and visitors. "It is a great recognition for us to..
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