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 state of the Bulgarian labor market at the end of 2023 points to a tendency towards stagnation. This is the conclusion of an analysis of the Institute for Market Economy. As of mid-2021, the unemployment rate remains in the..
The German company Kayser Automotive will invest in a production facility for components such as piping systems, valves and tank parts in Pleven, Bulgarian Property Developments (BPD) said. The amount of the investment was not disclosed. The factory..
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..
The poverty threshold in Bulgaria was BGN 637.92 (EUR 323) per person per month in 2023. This is an increase of 21.3 per cent compared with the previous..
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