Bulgaria and North Macedonia have not reached an agreement on the price of electricity that is to be exported to North Macedonia next winter. At a meeting of the working group held in Sofia, North Macedonia’s representatives asked for a price that is at least 15% below the price at the power exchange market. In other words, the requested price is lower than EUR 400 per megawatt-hour. The negotiations within the working group will continue after September 19.
On September 5, Bulgaria’s caretaker Premier Galab Donev met with North Macedonia’s Prime Minister Dimitar Kovacevski. The two Prime Ministers discussed the possibilities of Bulgaria exporting additional electricity both for the needs of North Macedonia's economy and industry and for household consumers. According to Bulgaria’s Premier, this is a matter of some 200 MWh basеload electricity for the period until March 31, 2023.
The euro area annual inflation rate was 2.5% in January 2025, up from 2.4% in December 2024. In Bulgaria, it accelerated more sharply in January to 3.8% from 2.1% a month earlier , reaching the highest level in 12 months (since January 2024, when it..
A concession award procedure for Plovdiv Airport is planned, Deputy Premier and Minister of Transport and Communications Grozdan Karadjov said at a meeting with aviation industry representatives. Minister Karadjov emphasized that he supports the idea..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott compared to the previous day, reported BTA. Temenuzhka Petkova took part in the meeting on..
The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the..
89% of German investors in Bulgaria would choose Bulgaria again for their investments . This is indicated by a study by the German-Bulgarian Chamber of..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute...
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