The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which filled the underground gas storage facility Chiren, in November 2022, to 80% before the start of the heating season. The aid will be in the form of direct grants to the natural gas suppliers to compensate for part of their losses sustained as a result of the storage of expensive gas in the summer of 2022 with the aim of fulfilling the country’s obligation to store and subsequently sell it at lower prices from November 2022 to April 2024. The ceiling for the aid is EUR 76.7 per MWh. In calculating the final amount of state aid, only half of the stored gas can be taken into account. The scheme will be in force until the end of this year.
Bulgaria is the EU member state most affected by forest fires since the beginning of 2024, the Representation of the European Commission in Sofia said on Facebook. According to the European Forest Fire Information System (EFFIS), over 38 000..
There is a high probability that this would be the last regular meeting of the Council of Ministers, caretaker Prime Minister Dimitar Glavchev said at the beginning of the meeting. He wished to report on the activities of the..
Former Bulgarian European Commissioner Mariya Gabriel could become the new NATO Deputy Secretary General. The information about the candidacy has been confirmed by Sofia and Brussels, BGNES reported. According to Bulgarian media,..
Bulgarian head of state Rumen Radev has met in the presidency with David Wright - commissioner of the US Nuclear Regulation Commission, who is on a..
Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the..
Consumer confidence rose by 5.6 points in July, according to a survey by the National Institute of Statistics. According to consumers, the general..
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