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 Bulgarian Minister of Foreign Affairs participated today in the first regular meeting of the EU Foreign Affairs Council in Brussels for the year. The European diplomats discussed the ongoing Russian aggression against Ukraine, EU-US relations and..
The Bulgarian Embassy in Stockholm is in contact with the Swedish authorities and is closely following the developments in the case, the Foreign Ministry told BTA. The Swedish prosecutor's office said earlier that a Bulgarian ship, the Vezhen, had..
On the occasion of International Holocaust Remembrance Day, the U.S. Embassy in Sofia paid tribute to Bulgarian politician Dimitar Peshev and all those who followed his example of standing up for justice and humanity. On 27 January the world..
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..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel..
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..
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