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.
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..
After years of preparation and research, actual drilling for oil and natural gas is starting in the Bulgarian part of the Black Sea. OMV Petrom, the largest energy producer in Southeast Europe, and NewMed Energy Balkan, a subsidiary..
A Moroccan national was shot while illegally crossing the Bulgarian-Turkish border near the village of Zvezdets, Chief Commissioner Anton Zlatanov,..
Bulgarian students won four bronze medals and one honorable mention at the 2025 International Physics Olympiad held in Paris, the Ministry of..
Medical University Sofia has been ranked as the best university in Bulgaria according to the 2025–2026 Best Global Universities ranking by U.S. News..
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