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 Monday, the weather will continue cloudy in most parts of the country with rain, more significant in the southeastern regions. Light snow will fall in the Pre-Balkans. Precipitation will stop from the southwest and clouds will break. There will be..
The financial effect of our country's accession to Schengen by land will amount to BGN 1.63 billion (EUR 833.4 million) per year, according to a study by the Economic Research Institute at the Bulgarian Academy of Sciences. The greatest benefit..
The Ministry of Transport and Communications supports the idea of naming Sofia Airport after Vasil Levski– the most undisputed figure in Bulgarian history. "I would like to thank the academic community, especially Academician Julian Revalski..
The financial effect of our country's accession to Schengen by land will amount to BGN 1.63 billion (EUR 833.4 million) per year, according to a study..
On Monday, the weather will continue cloudy in most parts of the country with rain, more significant in the southeastern regions. Light snow will fall..
"We demand the resignation of the management of the Bulgarian Food Safety Agency for failing to address the problems, specifically the case with the..
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