Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria's government proposes mechanism for energy compensation

Photo: BGNES

Bulgaria's caretaker government has developed an energy compensation mechanism in a draft law to implement the European regulation to tackle high energy prices. This was stated by the Deputy Prime Minister for Economic Affairs Hristo Alexiev at a meeting of the Energy Crisis Staff. 

The mechanism is expected to be implemented until July 2023. Its emphasis is on preserving the operation of the regulated electricity market for household consumers. The mechanism will be financed through joint contributions from all electricity producers. Producers' excess profits will be taxed and these funds will be used to pay compensation to those in need. 

Consumers of electricity, gas and heating with public functions - schools, kindergartens and nurseries, social homes, etc., will be provided support in order to continue to perform their functions calmly, Alexiev assured.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Minister of Innovation and Growth  Rosen Karadimov

IT professionals authenticate machine voting devices for the election

A total of 259 reports of vote buying for the early parliamentary elections on October 27 have been submitted to the Ministry of Interior. 70 pre-trial proceedings have been initiated, 36 people have been detained, Minister of the..

published on 10/18/24 3:50 PM
Mira Koseva

Bulgarian sixth grader becomes champion in international English language competition

Sixth-grader Mira Koseva won the title of "Global Winner" at the Kangaroo Global Linguistics 2024. She placed first in level A1 and won the highest award for Bulgaria, the Ministry of Education and Culture announced. Mira studies..

published on 10/18/24 3:11 PM

Unit 6 of Kozloduy NPP is being shut down for annual maintenance

In the early hours of October 19, 2024, Unit 6 of the Kozloduy NPP will be shut down for planned annual maintenance that is expected to last until the end of November. During this time, the planned repair works and recharging of the..

published on 10/18/24 2:38 PM