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.
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR. In presenting the institute's alternative state budget, the..
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..
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