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.
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by more than 20% compared to the same period last year. As of September 30, 2024, the number of..
There has been an upsurge in the economy in every region of Bulgaria, the effects of the Covid crisis have been overcome, tourism has fully recovered, which is evident in Bulgarian seaside regions and spa resorts - this is the conclusion that is drawn..
More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..
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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