The Bulgarian Industrial Capital Association has asked the government for a short-term measure to provide energy aid to Bulgarian business. The industry is calling for compensation for the consumed electricity in the period October 1 to March 31, 2022 totaling 35 euros per megawatt hour. The subsidy will be adequate to preserve the Bulgarian economy until the current energy price crisis is overcome, according to the association. In September, businesses pay 160 euros per megawatt hour of electricity, while the price for the population is 60 euros, Krasimir Dachev, deputy chairman of the Bulgarian Chamber of Commerce and Industry, said.
Meanwhile, Bulgargaz has called on the energy regulator to raise the price of natural gas by another 16% in October.
The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not..
The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's economy will grow by 2.9 per cent in 2025, 0.1 per cent less than initially forecast in May...
The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show. According to them, the..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..
2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of..
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