Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria’s business to receive compensations for the high price of electricity

Photo: BGNES

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.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Атанас Пеканов

Losing €8bn under RRP a huge mistake, former deputy prime minister for EU funds warns

Bulgaria has given up the fight for reforms and investments under the Recovery and Resilience Plan (RRP), former caretaker deputy prime minister for EU funds Atanas Pekanov told BNR. He said that Nikolai Denkov's government had made a serious mistake by..

published on 7/7/24 11:20 AM
Патриарх Даниил

Patriarch Daniil has called for healing of rift between Orthodox churches

The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between some Orthodox churches, which we should try to overcome," he said in response to a question from the..

published on 7/7/24 9:57 AM

Children will compete in the first "Sofia Bicycle Show" in the capital’s Zapaden Park

The first youth cycling festival "Sofia Bicycle Show", organized by "Sofia - World Capital of Sports" will take place today in the renovated Zapaden Park in the capital city. Children will compete on a completely safe and..

published on 7/7/24 8:30 AM