At an extraordinary sitting of the National Council for Tripartite Cooperation employers and syndicates voiced their concern with the situation on the electricity market and the substantial increase in the price of electricity for industrial consumers. They warned that the increased prices on the electricity exchange would influence the prices of items and services in this country, trigger inflation, and may result in smaller growth of wages and higher poverty. The Confederation of Independent Trade Unions in Bulgaria called on the state authorities to undertake immediate actions to prevent these negative consequences and make the electricity market more predictable. Bulgaria’s Minister of Energy Temenuzhka Petkova denied statements that the substantial increase of the price of electricity for industrial consumers is due to bad management of the power engineering sector.
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International Monetary Fund, at the high-level conference in Sofia titled ''Bulgaria on the Doorstep of the..
The adoption of the euro from January 1, 2026, is "one of the most important stages in Bulgaria's European path'', said Premier Rosen Zhelyazkov at the high-level conference titled "Bulgaria on the Doorstep of the Eurozone" held in Boyana Residence in..
The European Parliament’s Committee on Petitions (PETI) has decided to monitor the state of road safety in Bulgaria. The decision came after hearing a petition submitted by Rosalina Gadyuchkova, a Bulgarian citizen living in the United Kingdom. The..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
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