The Ministry of Energy will propose giving a loan of 400 million euros to the state-owned company "Bulgargaz", caretaker minister Rosen Hristov has told BNT. The goal is for "Bulgargaz" to enter the public financing market in order to repay the loan to the state.
All possible sources for import of gas are being considered, including Gazprom. The Russian monopolist is the last option, the minister pointed out. The country has gas until September. There are ways to provide gas at least until the end of the year, Hristov said.
The minister added that the compensation of 13 eurocents per liter of fuel for citizens was not enough and that negotiations on the prices should be held with "Lukoil".
Retail fuel prices in Bulgaria rose by an average of 10 cents for diesel and 4 cents for petrol last month . "The prices are fully justified. They are related to what is happening on the international oil markets," said Svetoslav Benchev of the..
Bulgaria's public external debt at the end of 2023 was €10.888 billion, an increase of 22.7 per cent, or more than €2 billion, compared with the end of 2022. This is 11.6 per cent of GDP, the Bulgarian National Bank said. In December 2023, Bulgaria's..
The Bulgarian National Bank (BNB) expects the trend towards a slowdown in economic growth to stop. In the first half of 2024, the Bulgarian economy is expected to grow supported by the improved prospects for external demand for Bulgarian goods and..
MPs have agreed to extend the 0% VAT on bread and flour, which was due to expire on June 30, until the end of 2024. Under the GERB proposal, traders will..
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