“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.
Bulgarian 11th grader Alexandra Atanasova is among the 27 winners of the 18th European translation contest for secondary school students Juvenes Translatores, organized by the Directorate-General for Translation of the European Commission. As..
On Thursday, the cloud cover will increase significantly, and rain showers will begin. There will be moderate winds. Strong and gusty westerly and northwesterly winds are expected in the Danubian Plain and the western part of the Upper Thracian Plain...
Sofia public transport workers will protest on Monday, April 14, demanding increase in wages . The decision to protest was made after meetings between the industry and the Sofia Municipality. The transport workers do not agree with the municipality's..
Energy Minister Zhecho Stankov attended the tenth edition of the Delphi Economic Forum in Greece. "Bulgaria is a reliable partner in the region's energy..
Testing of the sectional average speed control system began today. The tests are being conducted by the National Toll Authority in cooperation with the..
Bulgaria is returning to Lebanon the remains of the terrorist who, in 2012, blew himself on a bus carrying Israeli tourists , BGNES reported. The..
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