Household electricity prices could go up by less than 30% as of 1 July, 2024, Energy Minister Vladimir Malinov announced at a briefing at the Ministry of Energy.
Kozloduy Nuclear Power Plant has withdrawn the price proposal, and after recalculation, will propose a price rise smaller than 30%, Minister Malinov said. Bulgargaz is also proposing a smaller rise in the price of natural gas (8%) as of June than the 11% initially proposed. The proposal has been submitted to the energy regulator, said Bulgargaz CEO Veselin Sinabov. After holding a tender, in June Bulgaria will receive liquefied natural gas from the Turkish company Botas with a discount that will save the Bulgarian supplier 11.5 million Leva (EUR 5.88 million).
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
+359 2 9336 661