''There is a technological competition to produce cheaper electricity. Bulgaria is part of the regional market and we need to renew our capacities in order to be competitive. The import of electricity is not because there is no capacity, but because our electricity is more expensive on certain days. We import because it is cheaper'', Prime Minister Nikolay Denkov said in Parliament in response to the question why during the New Year holidays the country imported electricity from Romania and North Macedonia.
''There would be a problem if we stopped the process of energy technology renewal, because we would not be competitive. This government has signed the contracts for the construction of two new nuclear reactors and work is underway. I am sure that in 2024 Bulgaria will remain a net exporter of electricity", Premier Denkov assured.
In its “Questions and Answers” section on the introduction of the euro, the Bulgarian National Bank has published a clarification on how the single currency should be denoted and written in accordance with EU regulations. The name of the..
The government approved the draft Law on the 2026 State Budget, as well as the Updated Medium-Term Budget Forecast for the 2026–2028 period. In connection with the introduction of the euro on January 1, 2026, all figures have been prepared in..
Citizens should remain calm about the introduction of the euro in Bulgaria from January 1, 2026, as the Bulgarian National Bank and commercial banks are ready for all processes related to the currency conversion and distribution of euro banknotes. This..
The government approved the draft Law on the 2026 State Budget, as well as the Updated Medium-Term Budget Forecast for the 2026–2028 period. In..
In its “Questions and Answers” section on the introduction of the euro, the Bulgarian National Bank has published a clarification on how the single..
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