The government will not allow a rise in the price of electricity for household users after the full liberalization of the electricity market, Prime Minister Nikolay Denkov said before the start of today’s Council of Ministers sitting. His comment comes in response to the fears that electricity bills will go up, triggered by the amendments to the Energy Act.
“I would like to reassure all Bulgarian citizens that this is not going to happen. A price-formation model is in place which will keep the price of electricity for household users the same up until mid-2024,” the prime minister said. After that, a change is possible on the basis of a decision by the Energy and Water Regulatory Commission. Even then, the price rise would not be by more than a few percent, PM Denkov said.
On Wednesday, lows will be between 5 and 10°C, with Sofia around 7°C. The sky will be mostly sunny, with some clouds in the eastern areas before midday. Light to moderate winds will blow from the south-east. Maximum temperatures will be between 19 and..
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Over the past 10 years, housing prices in Sofia have tripled, and in large cities more than doubled. This is according to data from one of the largest brokerage companies on the Bulgarian market. "If in 2015 in Sofia you could buy a home..
Together with PM Rosen Zhelyazkov we discussed the EU plan for a new Black Sea strategy which the European Commission will present soon, announced EU..
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Half of the companies from the Bulgarian Industrial Capital Association say that the tariffs on the import of commodities announced by US President..
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