By adopting amendments to the Electricity Price Regulation Ordinance, the Energy and Water Regulatory Commission marked the next stage of the liberalization of the electricity market, envisaging full liberalization of the wholesale electricity market as a stage of the full liberalization of the retail market for end household customers, the commission reports.
We recall that the start of the liberalization was postponed by the MPs from 01.07.2024 to 01.07.2025, when EWRC’s obligation to regulate prices ceases. In the transition period from this date until 31.12.2025, final suppliers will be obliged to supply household customers at regulated prices determined by a program of the Council of Ministers. The regulator will determine a monthly compensation to cover part of the costs of end customers for purchased electricity from an end supplier at regulated prices.
Parliament has adopted the first reading of amendments to the Law on the Introduction of the Euro. According to the draft amendments, which were originally passed in August 2024, the period from 8 August 2025 to 31 December 2026 will require all prices..
The Non-Food Traders Association (NFTA), which represents major retail chains in Bulgaria, has strongly opposed the proposed amendment to the Euro Introduction Act . According to the association, the changes are being considered at the last minute,..
By the end of the second quarter of 2025, a net monthly income of BGN 2,748 (€1,331) is required to support a household of two adults and a child under the age of 14. A single person in work needs BGN 1,526 (€739) per month. These figures come from the..
A total of 85 folk ensembles from across the country will participate in the "Sparks from the Past" festival, which will take place in the..
From July 28 to August 3, the town of Blagoevgrad (Southwestern Bulgaria) will host the 32nd edition of the prestigious International Mathematics..
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