The price of natural gas will not increase with 58% in April, as forecast by Bulgargaz, the Chairman of the Energy and Water Regulatory Commission Stanislav Todorov assured, referring to the falling market prices of natural gas in recent days. “Markets react in panic to any news coming from the war zone”, Stanislav Todorov added. In his words, the exact estimates will be made at the end of March, but if calculation was made today, the price of natural gas would rise by nearly 30%. Bulgaria’s Minister of Energy Alexander Nikolov agreed with the Chairman of the Energy and Water Regulatory Commission and added that state aid to household consumers may be extended until the end of April.
"The request of Bulgargaz to increase gas prices with nearly 60% is due to the actions of the former management of the company, which refused to buy cheap gas from Azerbaijan", said Premier Kiril Petkov and added that the government will try to reach a new agreement with Azerbaijan to secure cheaper natural gas.
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was on-site to see the progress in the modernization of the Orizovo-Mihaylovo railway section. The..
Unemployment benefits in Sofia continue to be above the minimum wage, according to the latest data from the National Social Security Institute. It is the highest in the country and is on average 1,145 leva (585.43 EUR). The lowest unemployment..
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was..
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