Representatives of Bulgaria’s business and trade unions negotiated with this country‘s caretaker Premier Stefan Yanev financial compensations for the high electricity prices. A total of 600,000 companies are expected to receive financial assistance. The compensations will be calculated in the October electricity bills in the beginning of November.
The meeting took place amid protests organized by trade unions and employers' organizations, whose representatives entered the Council of Ministers building to sumbit a package of measures. "The price shock will cost us EUR 1.5 billion and will lead to an economic collapse", the President of the Bulgarian Industrial Capital Association Vasil Velev warned. “Those who are unwilling or cannot pay two or three times higher bills are protesting now”, Vasil Velev added.
Prime Minister Rosen Zhelyazkov and Deputy Prime Minister Tomislav Donchev cancelled the meeting, scheduled for today, of the National Tripartite Council on the draft budget for 2006 after, in an unprecedented move, businesses decided not to take..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among them a direct link Bucharest-Sofia-Athens. According to the plan, using the trans-European..
President Rumen Radev has returned for a new discussion in parliament the adopted legal amendments, according to which the sale of assets of Russian company Lukoil in the country will take place after a decision of the Council of..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
Research ship "Sts. Cyril and Methodius" has departed from Varna after a solemn ceremony. In its fourth voyage to Antarctica the ship..
Sales of starter sets with euro coins with the Bulgarian national side will begin on December 1, 2025 , the BNB announced. They will be in circulation..
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