Bulgaria has the right to deny access to Balkan Stream's gas infrastructure. This is what the MPs wrote in the final amendments to the Energy Act. The right of this country to refuse access to the gas pipeline is related to the European directive on gas infrastructure from 2019, BNR’s Dobrina Karambolova reported.
The changes also eliminate the 5% fee paid to the Electricity System Security Fund by producers of electricity from renewable energy sources. Adopted changes envisage that producers with a total installed capacity of 500 kilowatts to 1 megawatt will be able to enter the free market.
Tenders for reservation of cold reserve capacities for production of electricity have been canceled.
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
A Bulgarian-Ecuadorian Business Forum will be held in Bulgaria, jointly organized by the Bulgarian Chamber of Commerce and Industry and the Pro Ecuador..
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