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Bulgarian business sector calls for electricity price compensations to continue

published on 9/9/22 10:56 AM

Photo: pixabay

Businesses have demanded compensation for high electricity prices. In a letter to the prime minister and ministers, employers' organizations remind that the current compensation scheme expires in September and call for urgent measures. A possible delay in extending compensations will lead to a severe liquidity crisis for the vast majority of non-residential electricity consumers, production shutdowns and job cuts.

Against the background of the ongoing series of crises, Bulgarian businesses are unable to bear another price shock, the letter says.

Businesses remind that non-domestic users include all public institutions - hospitals, schools, kindergartens, museums, theatres, municipalities.

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Radio Bulgaria Economy business electricity electricity prices employers kindergartens prices schools

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Bulgarian business sector calls for electricity price compensations to continue

More from category

Property prices in Sofia rise 25.5% in a year

Natural gas prices to fall by over 4% in December

IMF assesses Bulgaria's near-term growth outlook as positive

Property prices in Sofia rise 25.5% in a year

Natural gas prices to fall by over 4% in December