Bulgarian government proposes compensations for the electricity prices for the month of May equal to 80% of the increase over 100 EUR/MWh. The measures for natural gas prices envisage 100% compensation of the price increase in May, the cabinet announced at a briefing after a meeting with employers and representatives of the trade unions.
For July and beyond the plan is to automate the process of compensating businesses for high electricity prices through legal changes, Energy Minister Alexander Nikolov said.
We are still ready to stage a protest, although we have no reason to do so at the moment. We believe that the employers' demands on energy prices have been met, said Vassil Velev, chairman of the Industrial Capital Association.
“We Continue the Change” (PP) highlighted corruption as one of the main shortcomings of the hundred days of government of GERB, “BSP – United Left” and ITN. PP has not cancelled plans of filing a vote of no confidence after Bulgaria..
Bulgaria faces deep structural challenges. The economy is characterized by low added value and regional challenges, chairman of the Bulgarian Industrial Association (BIA), Dobri Mitrev, said. He presented the BIA index for “Economic..
The son of the US President - Donald Trump Jr. and Gila Gamliel, Minister of Science and Technology of Israel, will participate in a business forum in Sofia on April 27, organized by the global digital asset platform Nexo , the company announced...
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark..
On January 1, 2026, Bulgaria will take over the presidency of the Danube Strategy for the second time (after 2018) . This is happening at a..
One hundred days after the start of its work, the government of Rosen Zhelyazkov enjoys the approval of 19.2% of Bulgarian citizens,..
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