The rise in the prices of natural gas and oil will inevitably push up the price of central heating and hot water, Ivan Ivanov, chairman of the Energy and Water Regulatory Commission stated.
Adding to this the dramatic rise in the price of carbon emissions, prices are going to go up considerably. In connection with this, the energy watchdog is proposing a rise in the price of thermal energy by an average of 10%, for Sofia – 14%. The final decision will be announced on 1 July, as will whether the price of electricity will go up by more than the planned 3%.
To keep TPP Maritsa-Iztok 2 functioning, a decision is expected allowing the thermal power station to sell a certain amount of its expensive electric energy on the regulated market.
Finance Minister Temenuzhka Petkova said in Brussels, at the official ceremony for signing the final documents marking Bulgaria’s entry into the eurozone and the adoption of the euro on 1 January 2026, that the country will remain a firm supporter of..
Following the Council of the EU's and the European Parliament's decision on Bulgaria's accession to the eurozone, the country is entering the final phase of preparation, said Dimitar Radev , Governor of the Bulgarian National Bank (BNB), in an interview..
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone. Earlier, MEPs in Strasbourg had adopted the report supporting Bulgaria’s admission to the euro area...
The EU Council on Economic and Financial Affairs (ECOFIN) unanimously approved the final three acts enabling Bulgaria’s accession to the eurozone...
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
Following the Council of the EU's and the European Parliament's decision on Bulgaria's accession to the eurozone, the country is entering the final phase..
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