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.
On Monday (June 24), President Rumen Radev will begin consultations with the parliamentary groups in the 50th National Assembly, the Presidency said. The consultations are being held in accordance with the Constitution, before the Head of State gives..
President Rumen Radev and caretaker Prime Minister and Foreign Minister Dimitar Glavchev will both attend the upcoming NATO summit , the government press office said. The deadline for registration for the event, to be held in Washington from July 9 to..
With a majority of 225 votes, the MPs terminated the powers of Hristo Ivanov, who resigned as a member of parliament. Immediately after the elections on June 9, Hristo Ivanov resigned as chairman of "Yes, Bulgaria" and stated that he..
June 20-23, Sofia’s North Park is hosting a park festival, the Bulgarian news agency BTA reports. Besides music with famous Bulgarian performers,..
Raya Nazaryan was elected President of the 50 th National Assembly of Bulgaria. 131 MPs voted “for” her nomination, 66 “against, and 39 abstained...
Overnight it will be clear and quiet in most areas. Tomorrow will be sunny and hot. In the eastern half of the country, light to moderate..
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