Bulgaria and North Macedonia have not reached an agreement on the price of electricity that is to be exported to North Macedonia next winter. At a meeting of the working group held in Sofia, North Macedonia’s representatives asked for a price that is at least 15% below the price at the power exchange market. In other words, the requested price is lower than EUR 400 per megawatt-hour. The negotiations within the working group will continue after September 19.
On September 5, Bulgaria’s caretaker Premier Galab Donev met with North Macedonia’s Prime Minister Dimitar Kovacevski. The two Prime Ministers discussed the possibilities of Bulgaria exporting additional electricity both for the needs of North Macedonia's economy and industry and for household consumers. According to Bulgaria’s Premier, this is a matter of some 200 MWh basеload electricity for the period until March 31, 2023.
The Association of Fruit Growers in Bulgaria reports another challenging year in the agricultural sector. However, the problems are not so much related to the unusually warm winter, nor to the lack of sufficient irrigation water, but to the..
The Council of Ministers approved at today's meeting a strategic vision for the development of the country's electricity sector in 2023-2053. The strategy aims for Bulgaria to remain a leader in the production and export of electric power in the region..
A Japanese-Bulgarian R&D centre in Bulgaria will develop new dairy and other products containing the Lactobacillus bulgaricus bacterium. Bulgarian yoghurt appreciated by over 2 billion consumers worldwide This was discussed at a meeting..
In January, the country's business climate remained roughly at its December 2022 level , a survey conducted by the National Statistical Institute shows...
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