In 2022, solar power generation increased by 30% year-on-year, the Director of the Electricity System Operator Angelin Tsachev announced at a conference dedicated to the decarbonisation of Bulgaria’s economy.
Angelin Tsachev predicted that in 2023 solar power generation will increase by another 30-50%. The projected average price per megawatt-hour is around EUR 153-178.
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..
The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..
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