"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.
According to the European Commission's spring economic forecast for this year, inflation in Bulgaria is expected to reach 3.1 % in 2024 and 2.6 % in 2025 . The anticipated downtrend in external prices is expected to limit inflation in both energy and..
In March 2024, 1,518 people in Bulgaria had deposits of more than BGN 1 million, while in March 2023, 1,277 Bulgarians had such deposits, according to the latest BNB data. Deposits between BGN 200 thousand and BGN 500 thousand grew the most..
In the first quarter of 2024, the country’s real GDP growth is expected to accelerate, which is a prerequisite for similar annual dynamics, the Bulgarian National Bank said in its regular economic review. The GDP growth is mainly due to the..
Clear
Partly Cloudy