Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian business wants compensations for expensive electricity

Photo: BTA

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.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Warm and cloudy with rainfalls in the mountains

On Friday it will be cloudy, as in the afternoon cloudiness will be significant. There will be precipitation in some places, as in the south-western massifs and in the south-eastern areas of the country it will be intense. The..

published on 9/19/24 6:50 PM

60% of Bulgarians declare confidence in the European Union

The majority of Bulgarians declare stable trust in democratic models, in the European Union and  in the democratic world  in general . This is shown by the results of a survey by the sociological agency "Gallup International" conducted between..

published on 9/19/24 6:05 PM

Migration pressure along Bulgaria's borders has decreased by 71%

Illegal migration across Bulgaria's borders has decreased by 71% in the first eight months of 2024 compared to the same period of 2023. These data were presented by the head of the Border Police, Anton Zlatanov, at a meeting of the..

published on 9/19/24 5:33 PM