Compensation for business proposed by the government due to high electricity prices is not enough and may lead to a sharp economic decline, rise in unemployment and social tensions. This was what representatives of employers' organizations said at a meeting with President Rumen Radev. According to them, the proposed compensation ceiling of 30% of the difference between the actual market price of electricity for a month and the price defined by the moratorium for households made the measure ineffective and called for compensation of 75%.
President Radev called for “swift and highly-responsible actin so as to neutralize the consequences of the energy price crisis because the energy industry is the fundament for the development of any economy.” In his words this is directly connected with curbing inflation and improving the living standards of the population.
The Kalotina border checkpoint on the border with Serbia has already been renovated and has a nearly 30% increased capacity for passenger cars. It has seven lanes each for entering and leaving the country, as well as another eight lanes that can be..
On Wednesday minimum temperatures will be between 2 and 12°C, 5°C in Sofia. Maximum temperatures will be 19-24°C, 21°C in the capital. In the higher plateaus of western Bulgaria there are conditions for frost. The day will be bright and sunny with light..
The second group of 80 Bulgarians who wanted to leave Lebanon has taken off from Beirut to Sofia onboard the governmental Airbus. The plane is expected to land in Sofia after 7 pm. The second group of Bulgarians is ready for evacuation from..
At present, there is no information indicating a threat to the security of Bulgarian citizens. However, enhanced security measures have been taken in..
On Thursday , the minimum temperatures will be between 5 and 10°C, in Sofia 6°C. The day's highs will be from 23°C to 28°C , in the capital it will..
A all-out war in the Middle East would be the worst case scenario, stated by the Caretaker Minister of Defense Atanas Zapryanov to journalists in the..
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