Podcast in English
Text size
Bulgarian National Radio © 2023 All Rights Reserved

Bulgaria and North Macedonia to continue negotiations on electricity exports

Photo: BGNES-archive

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.


Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The World Bank lowers its annual global growth forecast

Bulgaria’s economic growth in 2023 will be 1.7%, the World Bank forecast in a new report. The expected rise has been lowered from the 2.6% growth forecast announced in June. For Eastern Europe, the latest expectations are for growth..

published on 1/11/23 9:59 AM

Just 11% of Bulgarians managed to save money in 2022

Just 11% of Bulgarians managed to save some money last year, according to a study by the "Trend" research center. 39 percent said they lived normally, but without being able to make any savings. 19% had to use money from their..

published on 1/9/23 2:05 PM

State budget concludes 2022 with a deficit and uncollected revenue

For the first time in many years, the state has been unable to collect the projected sum om VAT – it is 670 million Leva short (EUR 335 million), the Finance Ministry has announced. In July, parliament updated the budget, raising the projected..

published on 1/9/23 10:30 AM