Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Business consumers to be compensated for high energy costs

Photo: BTA

All non-household consumers will be compensated for the high cost of electricity by the end of the year, the government has decided. 

The European Commission has given the green light for the subsidy, the energy minister said. According to preliminary estimates, €280.7 million will be needed to compensate companies from July until the end of the year. 

"These funds will be provided entirely from the current - and future - revenues of the Electricity System Security Fund. We do not foresee any contribution from the state budget for this measure," said Energy Minister Vladimir Malinov.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Vladimir Ivanov

The price of the consumer basket in Bulgaria has increased by 7.45% on a yearly basis

The consumer basket currently costs 101 leva (EUR 51.64), compared to 94 leva (EUR 48.06) for the same period in 2024. This represents an increase of 7 leva (EUR 3.58 euros), announced Vladimir Ivanov, Chairman of the Commodity Exchange and Wholesale..

published on 7/21/25 1:58 PM

Gabrovo's landmark buildings to become hubs for innovation and entrepreneurship

The municipality of Gabrovo has secured nearly 17 million leva in funding to develop an "innovation valley", local authorities have announced.  The project includes the transformation of the former Radion Umnikov School into a centre for digital skills..

published on 7/20/25 11:45 AM

Bulgaria ranks second in EU for house price growth in early 2025 – Eurostat

Bulgaria recorded the second-highest annual house price growth in the European Union in the first quarter of 2025, according to Eurostat data released this week. A 100 square meter apartment in Bulgaria costs 199 average monthly salaries Property..

published on 7/17/25 11:15 AM