Compensation for business proposed by the government due to high electricity prices is not enough and may lead to a sharp economic decline, rise in unemployment and social tensions. This was what representatives of employers' organizations said at a meeting with President Rumen Radev. According to them, the proposed compensation ceiling of 30% of the difference between the actual market price of electricity for a month and the price defined by the moratorium for households made the measure ineffective and called for compensation of 75%.
President Radev called for “swift and highly-responsible actin so as to neutralize the consequences of the energy price crisis because the energy industry is the fundament for the development of any economy.” In his words this is directly connected with curbing inflation and improving the living standards of the population.
The GERB party will make every effort to form a regular government with a full mandate. This was what the leader of the party Boyko Borissov said this morning during a meeting with the ambassadors of the EU countries in Bulgaria. He announced this..
GERB leader Boyko Borisov must answer clearly whether he will remove Delyan Peevski from his entourage and return to the European development of Bulgaria, or work with Delyan Peevski and move Bulgaria towards a dictatorship, as Peevski is currently..
An attack on elections is also an attack on national security. With these words, Vice President Iliana Iotova commented on the questions asked by President Rumen Radev about the fairness of the previous parliamentary elections . "From the very beginning..
On Thursday morning visibility will be diminished in some valleys and parts of the lowlands. Along the Danube there will be fog. Minimum temperatures..
Nearly 30 people who had to fly to London with a low-cost airline were not allowed to board the plane at Sofia Airport. The flight was in the early..
Three Bulgarian companies have been sanctioned by the US for enabling the Russian military industry. According to the US Department of State and..
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