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 benefits for Bulgaria from full entry into Schengen are estimated at over 800 million euros per year. The largest benefits will be for manufacturers and exporters. But while this macroeconomic effect is awaited, the benefits are already being felt..
On Monday, a section of the international road E-75 in Serbia will be blocked, the situation center of the Ministry of Foreign Affairs announced. The blockade is expected to be at the "Autokomanda" road junction, which is part of the..
On Monday, the lowest temperatures will be between minus 1 and 4°C; in Sofia – around 0°C. During the day, it will be mostly sunny. Before noon, in places in the valleys there will be fog or low cloudiness. The highest temperatures..
By the end of next week, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will send the government its proposals to be..
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..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev held a telephone conversation with his Israeli counterpart Gideon Sa'ar. The two..
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