There is no electricity shortage in Bulgaria. The gas storage facility in Chiren operates at 70% of its total capacity. Analysts predict that gas prices will remain high and that gas markets will not calm before the second quarter of 2022. Gas prices will also depend heavily on the winter, Bulgaria’s caretaker Minister of Energy Andrey Zhivkov said in an interview for the Bulgarian National Radio.
In his view, the small and medium enterprises are the most affected by the sharp increase of electricity prices. "Household consumers are protected, because they are part of the regulated market", said Minister Zhivkov. In his words, Bulgaria’s government has been developing three scenarios regarding the closure of coal mining and they will be discussed in the next National Assembly.
The Council of Ministers has proposed transferring vehicles from the National Security Service (NSO) to the Presidential Administration through a legislative change, Bulgaria National Radio reporter Tsvetelina Stoyanova reported. This would not put a..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
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