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

Rumen Radev meets with parliamentary forces before handing over mandate to form a cabinet

President Rumen Radev gave the start to consultations with the parliamentary parties and coalitions before handing over the mandate for forming a government to GERB-SDS, which won the elections . At the beginning of the meeting with..

updated on 6/24/24 11:53 AM

Culinary festival in Kula attracts lovers of dishes with herbs and spices

On today's Midsummer’s Day ( Enyovden ) when according to tradition, herbs picked at sunrise have the greatest healing power, the municipality of Kula and the national community center "Prosveta 1882" invite you to a culinary festival..

published on 6/24/24 11:09 AM

Brendo, who is wanted with European arrest warrant, surrenders to the police

Evelin Banev-Brendo, declared an international wanted man, surrendered to the police this morning, the Ministry of the Interior informed. He disappeared after receiving a six-year effective sentence for money laundering. In..

published on 6/24/24 9:24 AM