Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian business sector calls for electricity price compensations to continue

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.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The model of EU subsidies distorts agricultural production in Bulgaria, the director of the Institute of Agrarian Economics says

In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..

published on 10/31/24 9:39 AM

Business climate in Bulgaria worsens in October

In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..

published on 10/30/24 1:36 PM
Petar Ganev

Institute for Market Economics: The future administration of the country must make unpopular decisions

Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..

published on 10/30/24 10:41 AM