Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Businesses want 75% compensation for price of energy

| updated on 12/30/21 5:07 PM
Photo: BGNES

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. 



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

Two men suspected of murdering 20-year-old Marian Paskov arrested in the Czech Republic

The two men suspected of murdering 20-year-old Marian Paskov in the town of Kula have been arrested in the Czech Republic, the Prosecutor’s Office announced. 29-year-old Anton Iliev and 20-year-old Valentin Kamenov are to stand trial on charges..

published on 3/13/25 10:22 AM

Fifth boycott of large retail chains over high food prices

A fifth boycott of large retail chains has been announced for today. The organizers also called on citizens to refrain from using banking services. The initiators state that the boycott will continue until effective measures are taken to..

published on 3/13/25 9:33 AM

Hundreds of citizens protest for rule of law and fair elections

Hundreds of citizens protested last night in central Sofia and other major cities, expressing support for rule of law and free and fair elections. The protest was mottoed ''Who Blocked the Constitution''.  ''In a criminal symbiosis, the state-owned..

published on 3/13/25 8:44 AM