“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.
Sofia and Vietnam’s city of Ho Chi Minh exchanged letters of intent for cooperation. Sofia Mayor Vassil Terziev and Nguyen Van Dung, Vice Chairman of Ho Chi Minh City Municipal People’s Committee, exchanged the documents in the presence of Bulgarian..
In the week of St. Andrew’s Day (also known as Bears’ Day or Mechkinden), WWF is drawing attention to six orphaned bear cubs who have been given a second chance at life. The initiative is part of the "Subscribe to Nature" campaign and follows..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian National Television (BNT), the Bulgarian National Radio (BNR) and the Bulgarian Telegraph Agency (BTA)..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and..
The first marble statue discovered in the ancient city of Heraclea Sintica on 3 July, is probably of Lucius – grandson of Roman Emperor Octavian..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
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