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Bulgarian business sector calls for electricity price compensations to continue

Businesses have demanded compensation for high electricity prices. In a letter to the prime minister and ministers, employers' organizations remind that the current compensation scheme expires in September and call for urgent measures. A possible delay..

09.09.22 10:56 |
Bulgaria's Vice President Iliana Iotova

Vice President Iotova calls on political parties to secure energy supplies

The confrontation between the parties should be sidelined and politicians should give concrete and pragmatic solutions in several directions: to secure energy supplies that would help Bulgarian businesses survive, get a grip on prices to maintain the..

03.09.22 13:30 |
Rumen Radev

Azeri gas mix cannot cushion the rise in the price of gas, President Rumen Radev says

President Rumen Radev expressed the hope that the political forces will conduct a campaign “with an eye to the future”, as well as in the interest of society. Talking to reporters at Sofia Airport, President Radev, who was returning from a..

02.09.22 19:40 |

Record rise in cost prices in July

The t otal producer price index in industry has gone up in July by a record 42.5% compared to the same month of last year, and by 3.8% compared to June , National Statistical Institute data show. The prices of producing and generating gas,..

30.08.22 13:50 |

Bulgarian government and "Lukoil" to seek solution for the fuel prices

The Minister of Energy Rosen Hristov and Minister of Economy Nikola Stoyanov met today with the management of the companies "Lukoil Neftohim" and "Lukoil Bulgaria". Fuel prices and possible measures to lower them for the end user..

26.08.22 16:33 |
Vassil Velev

Business asks once again if gas would be available and at what price

An urgent meeting of the crisis headquarters for energy with the participation of employers' organizations, at which compensations for businesses due to the high prices of natural gas will be discussed, should take place this week...

16.08.22 15:59 |

Annual inflation in Bulgaria accelerated to 17.3% in July

The annual inflation rate in Bulgaria rose in July for the 17th consecutive month, reaching 17.3% compared to 16.9% in the previous month, according to data by the National Statistical Institute. This has been the highest inflation..

16.08.22 14:59 |

Bulgarian government wants to negotiate lower fuel prices with Lukoil

The Ministry of Energy will propose giving a loan of 400 million euros to the state-owned company "Bulgargaz", caretaker minister Rosen Hristov has told BNT. The goal is for "Bulgargaz" to enter the public financing market in order to..

11.08.22 11:32 |

Bulgarian National Bank warns of risks for Bulgarian banks

A sharp increase in the prices of fuels and raw materials and possible disruptions in their regular supply can affect economic activity, affect the ability of borrowers to service their loans and subsequently lead to an increase in bad loans and asset..

03.08.22 14:44 |
National Statistical Institute

Despite the political crisis, the business climate remains stable: National Statistical Institute

The economic situation in the country has stabilized in 2022. Managers in all spheres continue to expect a rise in prices in the coming three months, the latest National Statistical Institute business climate report shows.  The growth forecasts..

28.07.22 12:23 |
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