There is no electricity shortage in Bulgaria. The gas storage facility in Chiren operates at 70% of its total capacity. Analysts predict that gas prices will remain high and that gas markets will not calm before the second quarter of 2022. Gas prices will also depend heavily on the winter, Bulgaria’s caretaker Minister of Energy Andrey Zhivkov said in an interview for the Bulgarian National Radio.
In his view, the small and medium enterprises are the most affected by the sharp increase of electricity prices. "Household consumers are protected, because they are part of the regulated market", said Minister Zhivkov. In his words, Bulgaria’s government has been developing three scenarios regarding the closure of coal mining and they will be discussed in the next National Assembly.
The "Stand up, Bulgaria" citizens' initiative is collecting signatures for the introduction of a cap on bank fees. The initiative's leader, former ombudsman Maya Manolova , noted that there was already a draft law, submitted by the Bulgarian..
Minister of Tourism Miroslav Borshosh and Marton Nagy - Minister of National Economy of Hungary signed a Memorandum of Understanding in the field of tourism. The Memorandum focuses on the exchange of information and experience in tourism, including..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel Vezhen, which was in the area at the time of the damage. It sails under the Maltese flag and is owned by..
By the end of next week, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will send the government its proposals to be..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev held a telephone conversation with his Israeli counterpart Gideon Sa'ar. The two..
Bulgarian exports to the USA in 2023 are worth 1.1 billion dollars, and number 1 on the export list with a share of nearly 19 percent are "coins that..
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