Energy-intensive enterprises in Bulgaria are threatened to limit or close production due to high electricity prices. In budget 2024, there is no money envisaged for energy compensations for businesses, for hospitals, schools, kindergartens, and other non-household users. This is what Dobri Mitrev, chairman of the Bulgarian Industrial Association, told BNR.
In a letter to the government, BIA pointed out that the European Commission had proposed to extend the temporary crisis measure for state aid until March 31, 2024, or until the end of 2025, because of an expected new surge in electricity prices. The business insists that the mechanism for 100% compensation from the Electricity System Security Fund for prices higher than 100 euros per megawatt hour should be kept or that a similar mechanism must be agreed with the government.
Bulgaria’s Premier Rosen Zhelyazkov and Ukrainie’s President Volodymyr Zelenskyy discussed energy security in the region and opportunities to strengthen cooperation in this area. The two held a phone conversation on November 6. They also discussed..
Six migrants died after the car transporting them overturned on the shore of Lake Vaya near Burgas. Before the accident, the traffickers’ car had been chased by border police between the towns of Kiten and Burgas. The driver of the car — a Romanian..
In the period November 7 to 9, Sofia Tech Park will host the tenth edition of CASSINI Hackathons & Mentoring, organized by the European Commission and the European Union Agency for the Space Programme (EUSPA). The hackathon will..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia..
''I am not surprised that the president’s veto concerning the sale of Lukoil’s assets was overturned, because even on such a delicate, serious and..
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