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 remains one of the countries with a high level of corruption in the public sector, indicates the Corruption Perceptions Index 2024 published by Transparency International. With a score of 43, Bulgaria ranks 76 th out of 180 countries..
The parliamentary group of DPS-Democracy, Rights and Freedoms, affiliated with Ahmed Dogan declared they were categorically opposed to the appointment of Lyudmila Petkova to the post of director of the Public Financial Inspection Agency (PFIA),..
Today is the second day of Prime Minister Rosen Zhelyazkov's participation in the Artificial Intelligence Action Summit in Paris. The forum brings together world leaders, representatives of business, academia and civil society. Today, Zhelyazkov..
Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until..
From February 10 to 22, the largest NATO military exercise of the year, Steadfast Dart - 2025 (STDT25), will be held in the areas of the Tsrancha..
By the end of September, Bulgaria will receive eight F-16 Block 70 fighter jets, Minister of Defence Atanas Zapryanov has told Nova..
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