The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which filled the underground gas storage facility Chiren, in November 2022, to 80% before the start of the heating season. The aid will be in the form of direct grants to the natural gas suppliers to compensate for part of their losses sustained as a result of the storage of expensive gas in the summer of 2022 with the aim of fulfilling the country’s obligation to store and subsequently sell it at lower prices from November 2022 to April 2024. The ceiling for the aid is EUR 76.7 per MWh. In calculating the final amount of state aid, only half of the stored gas can be taken into account. The scheme will be in force until the end of this year.
Bulgaria is hosting the annual meeting of the ECTAA - European Travel Agents' and Tour Operators' Association - the largest event of the institution that unites Europe's tour operators. "It is an honour for Bulgaria to host the ECTAA meeting and..
On Thursday morning, there will be fog around the water bodies and lowlands, and frost will form in the hollows. It will be mostly sunny during the day. The minimum temperatures will be from minus 1°C to 6°C in the valleys to minus 3°C, in Sofia -..
One parachutist has died and another one has been injured and hospitalized with life-threatening conditions after jumping from a hot air balloon near the town of Botevgrad, Sofia region, announced Mitko Dimitrov, director of the press center of the..
Deputy Prime Minister and Finance Minister Lyudmila Petkova is attending the regular annual meetings of the Boards of Governors of the World Bank Group..
During the Agriculture and Fisheries Council meeting in Luxembourg, Bulgaria and the other 26 EU Member States supported the request..
A successful test flight of the first F-16 Block 70 fighter jet produced for the Bulgarian Air Force was conducted on October 22, 2024..
+359 2 9336 661