“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.
The relations between Bulgaria and Germany are excellent. Germany is among our closest strategic partners. This was stated by Foreign Minister Georg Georgiev after a meeting with his visiting German counterpart Johann Wadephul. The two discussed..
Health Minister, Silvi Kirilov, will officially open the newly built helicopter landing pad at the Dr Tota Venkova Multiprofile Hospital for Active Treatment in Gabrovo today, the hospital's press office has announced. The helipad was certified at the..
On Tuesday, minimum temperatures will range from 5 to 10°C , 7°C in Sofia. There will be significant cloud cover throughout the day, with light precipitation in some eastern and mountainous regions. Maximum temperatures will range from 15 to 20°C ,..
The Ministry of Innovation and Growth is hosting a discussion on the topic "The Eurozone as part of the path to economic transformation". The press..
A themed exhibition dedicated to the pumpkin is one of the highlights of the traditional "Autumn Encounters with Plants" and the Days of Autumn..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the..
Partly cloudy, chance of rain
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