As of 11 May, Bulgaria has full access to the single integrated European electricity market via the platform Day Ahead.
Every Bulgarian business is now able to buy electricity from an EU country with a delivery date on the following day. The price includes payment of the delivery network across all European borders. The deals will only be concluded when there is spare capacity along all borders. The deliveries are starting via Greece. The link with Romania is to become functional within months. This is due to the delayed accession to the single energy market of Romania, Czechia, Hungary and Slovakia, Konstantin Konstantinov, CEO of the Bulgarian independent energy exchange said for the BNR’s Horizont channel.
Urgent reform of Bulgaria's planning districts is needed, local authorities insist.The current regionalization shows increasing economic imbalances in terms of EU grant assistance. The problem is particularly severe in the Southwestern region, which..
The final price at which Bulgargaz will sell natural gas in December to end suppliers and to persons with a license for the production and transmission of thermal energy is 75.89 BGN/MWh (excluding excise duty and VAT), the company announced...
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3 and 5 BGN (EUR 1.5-2.5) per liter until the new harvest. The value of the small consumer basket,..
Bulgarian National Bank (BNB) Governor Dimitar Radev has met with EU ambassadors and discussed the country's upcoming accession to the..
With a growth of 2.2 percent, Bulgaria is among the top 6 countries in the EU, Caretaker Minister of Economy Petko Nikolov reported..
Bulgaria and Romania will be fully admitted to the Schengen area, said Walter Ruck, President of the Vienna Chamber of Commerce and Industry said..
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