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

Photo: Facebook/Bulgarian Sunday school Vasil Aprilov

Bulgaria takes part in international festival in Charlotte, USA

The Bulgarian Sunday school Vasil Aprilov in Charlotte, North Carolina, USA, will be part of the presentation of Bulgaria and Bulgarian culture at the international festival organized by the University in Charlotte. The event is taking place on 21..

published on 9/21/24 2:23 PM

Memory honoured of pilots Petko Dimitrov and Ventsislav Dunkin killed in military plane crash

A military ritual was held at Dolna Mitropolia air base to honour the memory of Major Petko Dimitrov and 1 st Lieutenant Ventsislav Dunkin who were killed, on 13 September this year, when their L-39 ZA aircraft crashed during training for an air..

published on 9/21/24 2:12 PM

Bulgaria 2nd in EU in hourly labour earnings growth

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..

published on 9/21/24 1:04 PM