Energy-intensive enterprises in Bulgaria are threatened to limit or close production due to high electricity prices. In budget 2024, there is no money envisaged for energy compensations for businesses, for hospitals, schools, kindergartens, and other non-household users. This is what Dobri Mitrev, chairman of the Bulgarian Industrial Association, told BNR.
In a letter to the government, BIA pointed out that the European Commission had proposed to extend the temporary crisis measure for state aid until March 31, 2024, or until the end of 2025, because of an expected new surge in electricity prices. The business insists that the mechanism for 100% compensation from the Electricity System Security Fund for prices higher than 100 euros per megawatt hour should be kept or that a similar mechanism must be agreed with the government.
Bulgaria is in second position among the EU countries in hourly labour earnings growth during the second quarter of 2024, as compared to the same period of 2023, Eurostat data show. The growth rate in Bulgaria is 15.4%, with only Croatia ahead of..
At the border with Romania outward bound traffic at Nikopol and Kardam border checkpoint is heavy for trucks. At the border with Serbia outward bound traffic for trucks is also heavy at Kalotina border checkpoint, the Directorate-General..
The State Department has made a determination approving a possible Foreign Military Sale to the Government of Bulgaria of Javelin FGM-148F missiles and related equipment for an estimated cost of USD 114 million, a Pentagon press release reads...
Bulgaria will request the suspension of the import of eggs originating from Ukraine at the meeting of the EU Agriculture and Fisheries Council in Brussels..
The weather in Bulgaria will be sunny on Tuesday. Cloudiness will increase from the west The minimum temperatures will be between 7 °C and 12°C, in..
In New York, within the autumn session of the UN General Assembly, Bulgaria's caretaker Foreign Minister Ivan Kondov met with the Minister for Europe..
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