“Because of the rising prices on the energy exchange businesses will receive compensations from the state for December, as well as for the first quarter of 2022,” Minister of Energy Alexander Nikolov announced.
The companies which have long-term contracts at a base price of at least 185 Leva (EUR 95) per MWh will receive compensations of 75% of the difference between the electricity exchange price and the price estimate, though not more than 30% of the actual price. Compensations are also envisaged for the district heating utility companies because of the rise in the price of natural gas. The measures announced have to receive approval from the European Commission which has to determine whether the assistance breaks competition rules or not.
On Wednesday morning, visibility will be reduced in places in the plains and valleys. Minimum temperatures will be between minus 10 and minus 4°C, reaching minus 14°C in some basins. In Sofia it will be around minus 10. During the day, clouds will break..
All international airports in Bulgaria will be equipped with anti-drone systems. This was agreed upon by Deputy Premier and Minister of Transport and Communications Grozdan Karadzhov and representatives of the airports in Sofia, Varna, Burgas,..
EUR 200 billion will be available for the development of artificial intelligence in Europe, and Bulgaria should make the most of this opportunity, said Premier Rosen Zhelyazkov in Paris, where he participated in the Artificial Intelligence Summit...
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
From February 10 to 22, the largest NATO military exercise of the year, Steadfast Dart - 2025 (STDT25), will be held in the areas of the Tsrancha..
By the end of September, Bulgaria will receive eight F-16 Block 70 fighter jets, Minister of Defence Atanas Zapryanov has told Nova..
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