The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which filled the underground gas storage facility Chiren, in November 2022, to 80% before the start of the heating season. The aid will be in the form of direct grants to the natural gas suppliers to compensate for part of their losses sustained as a result of the storage of expensive gas in the summer of 2022 with the aim of fulfilling the country’s obligation to store and subsequently sell it at lower prices from November 2022 to April 2024. The ceiling for the aid is EUR 76.7 per MWh. In calculating the final amount of state aid, only half of the stored gas can be taken into account. The scheme will be in force until the end of this year.
For generations the first day of school has brought excitement to every Bulgarian home, President Rumen Radev said at the ceremony giving the start to the new school year at the First English-language Secondary School in Sofia, the Bulgarian news..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of Regional Development and Public Works Ivan Ivanov said at the unveiling of the motorway. The..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov said in an interview with bTV. Bulgaria will take out a loan of over EUR 3 billion for 9..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
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