The government will not allow a rise in the price of electricity for household users after the full liberalization of the electricity market, Prime Minister Nikolay Denkov said before the start of today’s Council of Ministers sitting. His comment comes in response to the fears that electricity bills will go up, triggered by the amendments to the Energy Act.
“I would like to reassure all Bulgarian citizens that this is not going to happen. A price-formation model is in place which will keep the price of electricity for household users the same up until mid-2024,” the prime minister said. After that, a change is possible on the basis of a decision by the Energy and Water Regulatory Commission. Even then, the price rise would not be by more than a few percent, PM Denkov said.
Trade in farming produce and food between Bulgaria and China has gone up by over 37% in 2023, said Minister of Agriculture and Food Georgi Tahov at the opening of a Bulgarian-Chinese business forum in Sofia. The export of Bulgarian commodities..
Bulgarian police officers are going to France to help French police guarantee security during the Summer Olympic and Paralympic Games in July and August 2024. During the preparations for this large-scale sporting event, the French..
In an official letter We Continue the Change/Democratic Bulgaria (PP/DB) refuse to hold talks with GERB/SDS on the formation of a government on GERB’s mandate within the 50 th National Assembly. GERB-SDS start political consultations in..
Bulgaria will continue to support Montenegro’s European prospect, President Rumen Radev stated after meeting with his Montenegrin counterpart Jakov..
It will be sunny on Monday. Clouds will form over the mountains in western Bulgaria in the afternoon with a chance of showers. The lowest temperatures..
A lasting settlement of the conflict will require dialogue between all parties, reads the final communiqué signed by 80 countries at the Summit on Peace..
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