Text size

Business consumers to be compensated for high energy costs

published on 9/18/24 3:06 PM

Photo: BTA

All non-household consumers will be compensated for the high cost of electricity by the end of the year, the government has decided.

The European Commission has given the green light for the subsidy, the energy minister said. According to preliminary estimates, €280.7 million will be needed to compensate companies from July until the end of the year.

"These funds will be provided entirely from the current - and future - revenues of the Electricity System Security Fund. We do not foresee any contribution from the state budget for this measure," said Energy Minister Vladimir Malinov.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy compensation high electricity prices vladimir malinov

More from category

Do dual prices in euros and leva confuse the Bulgarian consumers?

As of August 8, 2025, the mandatory indication of prices for all goods and services in Bulgaria in two currencies – in Bulgarian leva and in euros – has been in effect. This obligation will remain valid for traders for a period of one year – until..

published on 8/27/25 2:50 PM

Trade Unions: The minimum wage should be EUR 620.2 as of January 1

As of January 1, 2026, the minimum monthly wage should be 1,213 BGN (EUR 620.2), up from the current 1,077 BGN (EUR 550.66), said Luboslav Kostov, Chief Economist at the Confederation of Independent Trade Unions in Bulgaria (CITUB), in an interview..

published on 8/26/25 5:11 PM

Eurostat: Annual inflation in Bulgaria in July is 3.4%

Inflation in the EU in July reached 2.4% on an annual basis , according to Eurostat data. Regarding Bulgaria, European statistics report an increase in inflation to 3.4% in July this year compared to the same month last year. According to this..

published on 8/20/25 3:15 PM

WEATHER

Pick city: Sofía

Clear
Min: 11 | Max: 28

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Company invests over 1 million euros in its production in Bozhurishte

A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The..

published on 9/14/25 9:10 AM

Bulgaria reports 0.1% monthly inflation for August

In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute...

published on 9/15/25 1:44 PM

Share