The price of natural gas will go down by about 11%, and in January its selling price is expected to drop below EUR 37 per MWh. This was announced at an open sitting of the energy watchdog, the Energy and Water Regulatory Commission (EWRC), which discussed the new prices proposed by Bulgargas. The Commission’s chairman Ivan Ivanov said this was good news for consumers, but also for the district heating companies, because there will be no need for the prices of central heating and hot water to be reviewed in the middle of heating season. “Even though we are in mid-winter, when it is normal for the price of natural gas to go up on power exchanges, this year, because of the comparatively mild weather on the one hand, and on the other, because the gas storage facilities are full throughout Europe, the price on the international exchanges will go down,” said Energy and Water Regulatory Commission chairman Ivan Ivanov. The definitive decision on what the price of gas will be for next month will be made on 1 January, 2024.
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the earthquake. The epicenter was near the city of Sundargah in the Balıkesir province. In addition to..
The Bulgarian National Bank reports a sharp increase in new household deposits . The growth in euro deposits is impressive. In just one month, amounts worth 334 million leva (over 161 million euros) were placed in deposit accounts. This is 57% more than..
The President of the National Assembly, Natalia Kiselova, is convening an extraordinary parliamentary sitting today with a single item on the agenda – a vote on amendments to the Medical Establishments Act, the Bulgarian News Agency (BTA) reported...
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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