The state-owned company Bulgargaz wants a record 58% increase in the price of natural gas in April, arguing that the war in Ukraine has increased natural gas prices on European exchanges.
If the State Energy and Water Regulatory Commission approves the request, prices per megawatt-hour will increase from the current 58 euros to over 92 euros, not including fees and charges.
With such an increase in natural gas prices, according to the pricing ordinance, electricity and heating prices will also rise, after a moratorium to freeze prices at the December 16 level expires on March 31. The final decision on electricity and heat prices for households will be taken by the state regulator on 1 April.
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According to forecasts by industry representatives, the introduction of the euro is expected to impact property prices in Bulgaria . Some predict price increases of between 9% and 15%, particularly in major cities. 'The introduction of the euro will..
On Wednesday, minimum temperatures will range between 17°C and 23°C , with Sofia at 17°C. The morning will be mostly sunny, but atmospheric instability is expected to develop in the afternoon. Cumulonimbus clouds will form, leading to brief showers and..
Two children, aged five and seven, ran away from their preschool in Sofia, prompting police involvement. The authorities were notified approximately one..
Bulgaria and six other EU member states have not signed a joint statement condemning Israel over the situation in Gaza. The statement was signed..
The U.S Department of State has made a determination approving a possible Foreign Military Sale to the Government of Bulgaria of Naval Strike..
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