The majority in the Bulgarian Parliament voted that household electricity consumers should remain on the regulated electricity market until December 31, 2025. This practically postpones their transition to the free energy market by 3 years. The proposal..
Bulgaria values highly the role of Algeria as a factor of stability in the region of North Africa and the Mediterranean and as a particularly important partner in ensuring reliable supplies of energy sources to Europe in crisis conditions. This..
The transition to climate neutrality must be well-planned. It must be smooth, socially and economically just, so that it can increase people's well-being, not decrease it. This is what President Rumen Radev told journalists in Egypt, where he..
The state cannot administratively lower fuel prices, but it can compensate end users, Minister of Economy Nikola Stoyanov has told Nova TV. The cabinet has proposed that the parliament should adopt a tax of 33% on the excess..
Bulgarian economy has been very stable since 2021, despite the crises , with very high growth in both exports and imports. In the last quarter of 2021, GDP grew by more than 10%. World Trade Organisation data for the first half of 2022 also show..
The household prices of heating, electricity, water and gas in Bulgaria have gone up by an average of 40%, but the rise is steepest with the prices of staple foods like sugar, meat, milk, bakery products at around 10% during the last quarter of the year..
Last night and this morning, Russian troops launched new strikes on several Ukrainian regions, BTA reported . Cherkasy, Khmelnytskyi, Kyiv, Rivne and Vinnytsia regions were attacked, and a large fire was seen near the town of Smela. In the morning, an..
"One of our main initiatives is to introduce the same price for private consumers for gas, electricity and heating and thus avoid switching from one type of heating to another, said caretaker Energy Minister Rossen Hristov. The proposal could come into..
In the critical months that are coming, it is necessary for EU countries to maintain their energy autonomy and have the opportunity to use their own energy resources in an optimal way in accordance to the current European..
The general producer price index has increased by 8.7% in August 2022 compared to the previous month , NSI data show. A significant growth was registered in the production and distribution of electric and heat energy and gas - by 28%. The overall..
