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.
Bulgaria has officially become part of the European cultural route “The Wine Route” ( Iter Vitis ) . The certificate of membership was presented to Tourism Minister Miroslav Borshosh, recognizing the country’s inclusion in a network of leading..
On December 15 at 6 p.m., the traditional festive ceremony for lighting the Bulgarian Christmas tree in Las Vegas will take place at BESO Restaurant, according to eurochicago.com. The tree will be adorned with ornaments featuring Bulgarian motifs, most of..
The final round of the twelfth edition of the Rose Water Recipe Award was hosted by the Bulgarian Embassy in Tokyo. According to a Facebook post by the diplomatic mission in Japan, the competition was organised by the Bulgarian Rose Cultural..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data..
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment..
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