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

Government extends electricity subsidies for businesses till the end of April

Prime Minister Kiril Petkov after a meeting with employers on March 14. 2022.
Photo: BGNES

Bulgarian citizens should not give in to panic, Prime Minister Kiril Petkov urged after a meeting with employers. He was adamant that there would be no shortage of goods. 

We are putting out fire after fire, Petkov said, adding that there is speculation on the market. As for inflation, prices are expected to rise by a few percent, not in multiples. "We will be careful to limit the impact on inflation. Don't fall for fake news," the prime minister said. 
Compensation to companies for the increased electricity prices will be paid in April, too, as decided by the government. "Bulgaria is in the middle of an almost perfect storm," Petkov said, pointing out that in 90 days the cabinet is expected to solve the problems in the energy sector, which have accumulated over the years. The prime minister asked businesses to sign long-term contracts for electricity supply after the end of April. 



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

Patriarch Daniil

Patriarch Daniil: I accept the cross of the patriarchal ministry entrusted to me today

The enthronement of the newly elected Bulgarian Patriarch, Metropolitan Daniil of Vidin, is over. The new spiritual leader was welcomed in  St. Alexander Nevsky  Cathedral. The gathered laity chanted "Worthy" and applauded him.  ''Conscious of my..

published on 6/30/24 6:30 PM

Weather forecast: Temperatures to reach 38°C on Monday

It will be sunny on Monday. There will be light southeasterly wind in the eastern parts of the country. The hot weather continues with maximum temperatures between 33°C and 38°C, in Sofia - around 33°C. It will be sunny over the mountains...

published on 6/30/24 5:20 PM

Rumen Radev: The faithful need the unity of the church and leadership for the spiritual rise of the Bulgarian people

"The faithful need the unity of the church, the unity of Orthodoxy; they need leadership for the spiritual rise of the Bulgarian people", President Rumen Radev told journalists before the enthronement of the newly elected Bulgarian Patriarch Daniil in..

published on 6/30/24 4:08 PM