“Because of the rising prices on the energy exchange businesses will receive compensations from the state for December, as well as for the first quarter of 2022,” Minister of Energy Alexander Nikolov announced.
The companies which have long-term contracts at a base price of at least 185 Leva (EUR 95) per MWh will receive compensations of 75% of the difference between the electricity exchange price and the price estimate, though not more than 30% of the actual price. Compensations are also envisaged for the district heating utility companies because of the rise in the price of natural gas. The measures announced have to receive approval from the European Commission which has to determine whether the assistance breaks competition rules or not.
It will be a fine, almost quiet night. Tomorrow will be sunny and hot, particularly in the lowlands. A light wind will blow in from the west-northwest. Temperatures will reach highs of between 32°C and 37°C, with Sofia reaching around 32°C. It will..
A Bulgarian delegation, led by Prime Minister Rosen Zhelyazkov, will participate in the NATO summit focusing on defense and deterrence plans, which starts tomorrow in The Hague. Defense Minister Atanas Zapryanov is also part of the delegation. On..
We must be very careful not to get Bulgaria involved in the conflicts that are currently escalating. This is what President Rumen Radev told journalists in the village of Dren, near Radomir, where he participated in the celebration of the 35th..
Today and tomorrow, Bulgaria's Minister of Agriculture and Food Georgi Tahov will take part in a meeting of the European Union Council on Agriculture and..
A Bulgarian delegation, led by Prime Minister Rosen Zhelyazkov, will participate in the NATO summit focusing on defense and deterrence plans, which..
It will be a fine, almost quiet night. Tomorrow will be sunny and hot, particularly in the lowlands. A light wind will blow in from the west-northwest...
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