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How long will the price storm in Bulgaria rage?

The elections have passed but uncertainty about the future after them remains. To the expectations for a regular cabinet with a longer work horizon, people also add the hope that the MPs will try to control inflation and to raise incomes. Before the..

17.10.22 15:27 |

Bulgaria's government proposes mechanism for energy compensation

Bulgaria's caretaker government has developed an energy compensation mechanism in a draft law to implement the European regulation to tackle high energy prices. This was stated by the Deputy Prime Minister for Economic Affairs Hristo Alexiev at a meeting..

13.10.22 19:35 |

One in three Bulgarians have diffculties paying their utility bills

Almost one in three Bulgarians have diffculties pay ing  their bills, the BNT reports, quoting a survey of Eurofound, conducted in the spring of 2022 . According to the survey, people from the 27 Member States have difficulties paying their..

22.08.22 19:51 |
Assen Vassilev

The ruling coalition will announce a package of anti-crisis measures within 2 weeks

The ruling coalition will announce a package of anti-crisis measures within 2 weeks , Bulgaria’s Deputy Premier and Minister of Finance Assen Vassilev said for the BNR. In his words, Bulgaria has provided nearly EUR 2 billion to help businesses cope..

17.04.22 17:37 |

Getting a grip on energy carrier prices is not enough to harness inflation

It has been one month and 10 days since we have been living in the new reality of the war in Ukraine. The extent of the changes is yet to be seen, yet society will have to adapt to them as quickly as it can. Such a transformation will, without..

04.04.22 14:08 |
Assen Vassilev

Finance Minister Assen Vassilev expects inflation rate to subside in April

“Inflation is approximately within average European norms. We are 2% over the EU average. We expect the peak to be reached in March-April, after which inflation will begin to calm down. That is when energy prices will also begin to go down and..

20.01.22 12:33 |

Businesses in Bulgaria seek support as energy prices soar

In October the price of natural gas will go up by more than the 16 % projected during the summer, a leading energy provider says. The Energy and Water Regulatory Commission explained this with the hike in prices on the European exchanges,..

29.09.21 14:30 |
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