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.
Bulgaria's Minister of Foreign Affairs, Georg Georgiev, participated in a working breakfast dedicated to addressing illegal migration and its consequences. The forum was part of Georg Georgiev’s program during the Munich Security Conference,..
The National Customs Agency seized 100 leopard geckos and 243 tarantulas as part of Operation Thunder 2024, coordinated by Interpol and the World Customs Organization. The operation took place from November 11, 2024, to December 6, 2024, with..
After six decades on stage, pop singer Yordanka Hristova is embarking on a Goodbye tour in the USA and Canada, although she is not ending her career, reports BG Voice. "I want to perform in all the towns while I am still in good shape, not only in..
Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices...
Bulgaria's Minister of Foreign Affairs, Georg Georgiev, participated in a working breakfast dedicated to addressing illegal migration and its..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
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