"Natural gas has been secured for the winter period", Bulgaria’s caretaker Minister of Energy Rosen Hristov said for bTV.
“We have received offers and we are negotiating the price. If we manage to secure additional quantities of natural gas at a lower price, we will reduce the quantity that is pumped out of the gas storage facility in Chiren, which will allow us to keep the price lower”, Minister Hristov noted.
“There is no shortage of gas, which means that prices should remain at the current levels", said Minister Hristov. "The only impediment is the policy of the Netherlands, which has proposed a gas price cap at EUR 275 per megawatt hour. This is sending wrong signals to traders. Our position is that this cap should not exceed EUR 150 per megawatt hour," said Rosen Hristov.
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
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