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.
The ruling GERB party claimed that employers are in favour of a higher VAT rate, but employer organisations denied this, insisting that no such proposal had ever been made. This clarification followed a meeting between GERB leader Boyko Borissov..
Ninety participants representing 57 Bulgarian folklore ensembles from across Europe and North America gathered in Sofia for their fourth Creative Meeting and Seminar. The event was highly constructive, featuring useful workshops and guest lecturers...
The European Commission has disbursed €438.6 million to Bulgaria as part of the second payment under the Recovery and Resilience Facility (RRF). On 3 October 2025, the Commission partially approved the payment, stating that Bulgaria "still needs to..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
The Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along..
Bulgaria has sufficient quantities of fuel and the 90-day reserves are secured at around 98%, Asen Asenov, Chairman of the State Reserve and Wartime..
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