Podcast in English
Text size
Bulgarian National Radio © 2025 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

Defence Minister Atanas Zapryanov

Russian-linked web activity in Bulgaria up 12-fold, defence minister warns of propaganda surge

The activity of Russian propaganda websites and pages in Bulgaria has increased twelvefold, Defence Minister Atanas Zapryanov told the Atlantic Club conference NATO After the Hague Summit '25: The Bulgarian Dimension 2025–2035, which took place today..

published on 7/31/25 2:43 PM
Atanas Zapryanov (L) and Solomon Passy (R)

Solomon Passy: NATO should consider establishing a joint unit to tackle disasters and accidents

''There is no greater threat to Bulgaria than Russian propaganda'', said Dr. Solomon Passy, President of the Atlantic Club of Bulgaria. Solomon Passy opened the conference “NATO After The Hague '25: The Bulgarian Dimension 2025–2035'', taking place..

published on 7/31/25 1:23 PM
Arda River

Farmers in Northern Greece seek clarity about the water coming from Bulgaria

Greek farmers in the Evros region are waiting for a long-term solution with Bulgaria on the water of the Arda River. There is still no agreement with Bulgaria on the supply of water to the Evros region, the farmers' union in..

published on 7/31/25 11:34 AM