The Commission for Energy and Water Regulation approved the price of natural gas for August in the amount of BGN 59.67/MWh, excluding taxes and fees. At this price, Bulgargaz will sell natural gas to final suppliers and to persons who have been issued a license for the production and transmission of thermal energy.
The established price is 1.4% lower than the one in July, which was BGN 60.58.
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
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