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.
In a letter to the institutions, Podkrepa Trade Union made proposals for the introduction of a non-taxable minimum, as well as an update of minimum and maximum social security incomes. The union also insists on the preparation of an..
The weather in the mountains is sunny with light wind in some places, the Mountain Rescue Service of the Bulgarian Red Cross reports. However, icing is possible on some of the mountain paths. In places on the ridges there is moderate..
A requiem liturgy has been served in the "St. Nedelya" Cathedral by the hierarchs of the Bulgarian Orthodox Church in memory of the hegumen of the Zograf Monastery, Archimandrite Ambrose. After a short illness, he left this world on January 27 in the..
Navigation Maritime Bulgare (Navibulgar) is conducting its own investigation into the case involving the Vezhen ship, announced Navibulgar CEO Captain..
The Bulgarian Union of Balneology and SPA Tourism is organizing a round table on the topic "Bulgaria in Schengen - Challenges and Opportunities for..
MP Venko Sabrutev from PP-DB told BNT that the convergence report is the document that will determine whether Bulgaria is ready for the..
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