The business environment in Bulgaria has deteriorated further. We insist that the National Economic Council be convened, the President of the Bulgarian Industrial Capital Association Vasil Velev said for the BNR. Businesses in Europe receive compensations when electricity prices cross a certain threshold, while in Bulgaria this is not the case. "The retail price of electricity for households is lower than the wholesale electricity prices for the industry, while in Europe the average retail price of electricity for households/ wholesale price for the industry ratio is the opposite", added Vasil Velev.
In his view, the coal industries should be replaced by photovoltaics. "However, Bulgaria may lose European co-financing for this transition if it continues to delay its Recovery and Resilience Plan", Vasil Velev said. In the coming years, this country’s labor market will continue to lose 40 thousand people on an annual basis, the President of BICA predicted.
On Tuesday, the air masses over the country will remain unstable. Cloudy skies are expected, there will also be short-term rain showers accompanied by thunderstorms , in more places in Southern and Eastern Bulgaria. There will also be conditions for..
After the update of pensions under the so-called Swiss rule from July 1 by 8.6%, the average monthly pension of a Bulgarian pensioner for July exceeded 1,000 BGN, reaching 1015.22 BGN (519 EUR). This was announced by the National Social Security..
Bulgaria's Road Infrastructure Agency has warned that toll cameras now also detect the wearing of seat belts. The new function has been active since August 12 and the cameras have already recorded 170 violations. Risk of dying on the road in..
On the occasion of International Lighthouse Day, the oldest lighthouse in Bulgaria, which is located in Shabla, opened its doors for..
A statement from the Road Safety Institute, sent to the media, reports that the risk of dying on the road in Bulgaria is 2.5 times..
After the update of pensions under the so-called Swiss rule from July 1 by 8.6%, the average monthly pension of a Bulgarian pensioner for July exceeded..
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