Bulgaria has the right to deny access to Balkan Stream's gas infrastructure. This is what the MPs wrote in the final amendments to the Energy Act. The right of this country to refuse access to the gas pipeline is related to the European directive on gas infrastructure from 2019, BNR’s Dobrina Karambolova reported.
The changes also eliminate the 5% fee paid to the Electricity System Security Fund by producers of electricity from renewable energy sources. Adopted changes envisage that producers with a total installed capacity of 500 kilowatts to 1 megawatt will be able to enter the free market.
Tenders for reservation of cold reserve capacities for production of electricity have been canceled.
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
The average price of apartments sold in Sofia in the third quarter of 2025 reached €2,310 per square metre , marking an annual increase of 25.5%,..
Natural gas prices in Bulgaria are set to fall by just over 4% in December , significantly higher than the previously forecast 1% drop, according to..
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