The independent energy regulator in Bulgaria which sets down the cost of electricity twice a year has decided to up prices as of July 1 by 2 percent for households and almost 20 percent for businesses. This raised a wave of discontent in business..
Recently it became clear that Czech energy company Energo-Pro, which supplies electricity to Northeastern Bulgaria, has filed an arbitration claim against Bulgaria at the World Bank’s International Center for Settlement of Investment Disputes...
“A clear tendency has been taking shape since the beginning of the year – the business climate in Bulgaria has been improving. There are positive expectations of development in all sectors of the economy, especially in industry and construction,”..
The Council of Ministers in Bulgaria has confirmed its previous decision from December, 2014 for raising the minimum monthly salary to 190 euro on July 1. The minimum salary was also raised by 10 euro on January 1. These steps may seem..
Following two years of preparatory work, red tape problems, government crises, nature disasters, 426 remarks on behalf of the European Commission and four different versions, the Bulgarian Rural Development Programme for the period 2014-2020 has..
The average monthly salary in Bulgaria saw a four-fold increase over the past 15 years and currently amounts to nearly EUR 400. In France for example, the average monthly wage exceeds EUR 2,000, i.e. it is five times higher than the salary in the..
A n important step was taken at the end of last week in Riga towards deepening and extending gas supply cooperation in Central and Eastern Europe. The foreign ministers of Bulgaria, Slovakia, Hungary and Romania signed a political memorandum of..
Bulgaria’s power engineering has long been in a very difficult situation. It has been adapting for a long time to the market economy and new technologies. However, the reforms in this sector have been postponed and neglected, as well. As a..
Bulgaria’s economy has been developing positively since the beginning of 2015. The process was registered by the country’s authorities who did not miss to mention this positive trend. Bulgaria’s citizens also felt the upsurge of the national..
Bulgaria’s state budget has accumulated a surplus worth EUR 500 million within four months only. This amount is quite substantial, bearing in mind that the public revenues for the whole 2015 are expected to reach some EUR 14 billion. If the..
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said..
Three Bulgarian companies have been sanctioned by the US for enabling the Russian military industry. According to the US Department of State and..
Instead of calming society, the announcement of the election results generated tensions and raised questions about how fair the elections have been,..
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