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.
House prices in the EU rose by 4.9% in the fourth quarter of 2024 compared with the same period in 2023, according to data from the European statistics agency Eurostat . Bulgaria outpaced all other EU countries in the same quarter, with a remarkable..
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House prices in the EU rose by 4.9% in the fourth quarter of 2024 compared with the same period in 2023, according to data from the European statistics..
Donald Trump Jr., the eldest son of the US president, is embarking on an Eastern European tour that will include Prague, Bratislava,..
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