Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Government and employers agree on energy compensation measures

Energy Minister Alexander Nikolov.
Photo: BGNES

Bulgarian government proposes compensations for the electricity prices for the month of May equal to 80% of the increase over 100 EUR/MWh. The measures for natural gas prices envisage 100% compensation of the price increase in May, the cabinet announced at a briefing after a meeting with employers and representatives of the trade unions.


For July and beyond the plan is to automate the process of compensating businesses for high electricity prices through legal changes, Energy Minister Alexander Nikolov said.


We are still ready to stage a protest, although we have no reason to do so at the moment. We believe that the employers' demands on energy prices have been met, said Vassil Velev, chairman of the Industrial Capital Association.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Wages in tourism up 20%, says minister

The salaries of people employed in the summer tourist season have risen by 20% , according to caretaker Tourism Minister Evtim Miloshev. He told BNR that the shortage of workers in the industry was not only due to poor pay, which he said was not poor at..

published on 7/7/24 4:36 PM
Николай Денков

The proposal for a technocratic cabinet has its upsides and downsides, says former PM Nikolay Denkov

The proposal by the Democrats for a Strong Bulgaria for a technocracy has its advantages, but also its problems, which is why it should be discussed carefully, said the leader of the parliamentary group We Continue the Change - Democratic Bulgaria..

published on 7/7/24 2:01 PM
Atanas Atanasov, the leader of DSB.

Democrats for a Strong Bulgaria: PP-DB should ask for third mandate and nominate a technocratic cabinet

The Democrats for a Strong Bulgaria (DSB) party is proposing to its partners in the We Continue the Change-Democratic Bulgaria (PP-DB) coalition that they seek a third exploratory mandate and try to form a technocratic cabinet that would "guarantee the..

published on 7/7/24 12:20 PM