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Protest rally in Sofia against high energy prices

A protest rally against energy prices is being held in Sofia. The protest is organized by VMRO. In front of the Council of Ministers, protesters set electricity bills on fire. According to them, the purchase of basic food products has..

20.02.22 13:03 |

Bulgarian Development Bank to provide loans to businesses over expensive electricity

The Bulgarian Development Bank will help companies over unexpected increases in electricity prices, Minister of Innovation and Growth Daniel Lorer said. For this purpose, loans of up to 100,000 euros will be granted to small and medium-sized..

18.02.22 16:09 |

No big rise in electricity prices expected after end of moratorium

The new chairman of the Energy and Water Regulatory Commission, Stanislav Todorov, does not expect a significant rise in electricity prices for households after the moratorium is lifted. However, he did not make any predictions, as he needed more..

10.02.22 18:32 |

Prosecutor's Office questions former head of Bulgargaz

Former executive director of the state-owned Bulgargaz company, Nikolay Pavlov, was summoned today for questioning by the Prosecutor's Office in connection with the gas price crisis. "I explained how the gas market is functioning. That..

07.02.22 14:55 |

Natural gas price reduced by 17.64%

According to a decision of the Energy and Water Regulatory Commission, natural gas becomes 17.64% cheaper as of today. In February, natural gas costs BGN 109.88 per megawatt-hour without fees and taxes, or EUR 56.18 per MWh. The..

01.02.22 16:30 |
Energy Minister Alexander Nikolov

Bulgaria stands to lose if it stops exporting electricity: Energy Minister Alexander Nikolov

“It would only be possible for Bulgaria to stop exporting electricity if we agree not to be in the EU,” Bulgaria’s Energy Minister Alexander Nikolov said in an interview with Nova TV. “If we stop exporting electricity the price will fall. But..

31.01.22 10:41 |

Rising prices are Bulgarians’ biggest problem: Survey

The rising prices are challenge number one for the new government, indicates a survey by Trend sociological agency commissioned by 24 Chasa newspaper.  58% of the respondents say that this is the most urgent issue that needs to be addressed...

26.01.22 13:48 |

Household gas consumers to receive compensation

Household gas consumers are to receive compensation from the state. The aid for households for December will be 13.69 euros per megawatt-hour and for January - 21.64 euros per megawatt-hour. The aid for the business caused by the high electricity..

20.01.22 18:01 |

Inflation in 2021 at its highest in 13 years

7.8% is the inflation rate in Bulgaria for 2021. The last time such a rate has been registered was in 2008, the National Statistical Institute says.  Because of the pandemic, the forecasts for 2022 are for inflation of 6%. This will reduce..

18.01.22 13:16 |

Kiril Petkov: There will be no frightening scenarios after end of moratorium on electricity prices

No imbalances would break out after the end of the moratorium on electricity prices, Prime Minister Kiril Petkov said in an interview with BNR. According to him, there would be no "frightening scenarios". He added such scenarios that..

16.01.22 14:58 |
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