Bulgarian enterprises say they are worried how the country plans to comply with the EU’s recommendations to cut down on natural gas consumption by 15%.
According to Bulgarian Industrial Association estimates, this means reducing consumption during the coming winter by around 475 million cubic metres. Businesses with a continuous production process are particularly worried. The government has not said exactly how the reduction is going to take place as yet, or whether it will affect all gas consumers in the country. An unforeseen reduction of gas consumption will lead to problems with the performance of contracts already concluded and to a shrinkage of the production of industrial enterprises, the Bulgarian Industrial Association says.
Deputy Prime Minister Atanas Zafirov has met with Ambassador of India to Bulgaria, Arun Kumar Sahu, and discussed the possibilities for deepening the strategic partnership between the two countries. "India is a key partner for..
The EU Court of Justice in Luxembourg has restricted the practices of quick loan companies. The magistrates ruled that the guarantors' fees must be included in the price of the loan, in the so-called annual percentage rate of charge...
For Russia, hybrid war is an ideology and industry, investigative journalist Hristo Grozev told MEPs from the special committee for the protection of European democracy. Grozev joined the meeting online, at which Russian hybrid..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
The EU Court of Justice in Luxembourg has restricted the practices of quick loan companies. The magistrates ruled that the guarantors'..
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