The business environment in Bulgaria has deteriorated further. We insist that the National Economic Council be convened, the President of the Bulgarian Industrial Capital Association Vasil Velev said for the BNR. Businesses in Europe receive compensations when electricity prices cross a certain threshold, while in Bulgaria this is not the case. "The retail price of electricity for households is lower than the wholesale electricity prices for the industry, while in Europe the average retail price of electricity for households/ wholesale price for the industry ratio is the opposite", added Vasil Velev.
In his view, the coal industries should be replaced by photovoltaics. "However, Bulgaria may lose European co-financing for this transition if it continues to delay its Recovery and Resilience Plan", Vasil Velev said. In the coming years, this country’s labor market will continue to lose 40 thousand people on an annual basis, the President of BICA predicted.
If a referendum was held on whether to continue the country's membership in NATO, 59% of Bulgarians would answer affirmatively, according to a study by the Alliance. According to this indicator, Bulgaria ranks penultimate among..
The 17 th classic car and motorcycle parade is to take place in Burgas’ Primorski Park from 10 AM until 2.30PM today. More than 150 collectors from Burgas and the country will take part, Dimo Dzhambazov, chair of the Retro motor club, organizer of..
On Saturday the weather will be sunny, with cumulus clouds developing in the afternoon in many parts. Temperatures will continue to rise, with minimum temperatures reaching 15-21° C., for Sofia 17° C. Daytime highs will range from 30° C., to 35° C.,..
Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest..
If a referendum was held on whether to continue the country's membership in NATO, 59% of Bulgarians would answer affirmatively,..
The 17 th classic car and motorcycle parade is to take place in Burgas’ Primorski Park from 10 AM until 2.30PM today. More than 150 collectors from..
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