Representatives of Bulgaria’s business and trade unions negotiated with this country‘s caretaker Premier Stefan Yanev financial compensations for the high electricity prices. A total of 600,000 companies are expected to receive financial assistance. The compensations will be calculated in the October electricity bills in the beginning of November.
The meeting took place amid protests organized by trade unions and employers' organizations, whose representatives entered the Council of Ministers building to sumbit a package of measures. "The price shock will cost us EUR 1.5 billion and will lead to an economic collapse", the President of the Bulgarian Industrial Capital Association Vasil Velev warned. “Those who are unwilling or cannot pay two or three times higher bills are protesting now”, Vasil Velev added.
The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on October 24, but President Rumen Radev vetoed parts of it, arguing that the proposed rules specifically..
Deputy Prime Ministers and Ministers of Transport Grozdan Karadzhov and Aleksandar Nikoloski signed an agreement in Gyueshevo for the construction of a railway tunnel between Bulgaria and the Republic of North Macedonia. The facility..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia District Prosecutor Natalia Nikolova said at a briefing. She indicated that 13 addresses were..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia..
The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on..
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