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Kiril Petkov: There will be no frightening scenarios after end of moratorium on electricity prices

No imbalances would break out after the end of the moratorium on electricity prices, Prime Minister Kiril Petkov said in an interview with BNR. According to him, there would be no "frightening scenarios". He added such scenarios that..

16.01.22 14:58 |

Real estate prices in Bulgaria continue upward trend

Real estate agents warn that the rates at which real estate prices are going up in Bulgaria are outpacing the rise in household incomes, and that this could result in an inability to pay off credits. Last year the prices of real estate..

08.01.22 16:51 |

Inflation in Bulgaria has reached levels of 2009

The annual inflation rate in Bulgaria accelerated to 6.3% in November, as the last time similar levels ​​were observed in this country was in early 2009. The difference is that then there was a process of disinflation after a period of a double-digit..

07.01.22 15:35 |

Bulgarian Minister of Energy: We would not allow bankruptcies caused by rising gas prices

Due to the sharp rise in gas prices this month, the finance and energy ministries would adapt measures to help district heating companies avoid bankruptcies and shutdowns in the winter. This was promised at a briefing by Energy Minister Alexander..

04.01.22 19:04 |

Employers demand urgent measures over high electricity prices

Employer organizations are demanding an immediate meeting with Prime Minister Kiril Petkov, at which the “situation which poses an imminent danger to the economy and to social peace” resulting from the high prices of electric energy and gas can be..

04.01.22 13:35 |

Consumer price index on the rise

In November 2021 the consumer price index increased by 6.3% compared to the same month of 2020. The largest rise in prices for the year was registered in the transport sector - 18.3%. The largest decline in prices was registered in the field of..

31.12.21 15:20 |

Mobile network operators: Consumer Protection Commission is not banning price indexation as such

After the Consumer Protection Commission banned two mobile network operators from raising monthly telecom services prices for two years at a time, one of the telecoms - A1 Bulgaria - declared that the Commission’s order did not ban indexation..

30.12.21 17:23 |

Boyko Borissov calls for lifting moratorium on electricity prices

The government should immediately lift the moratorium on prices of electricity, heating and water for households and introduce adequate compensations for business. This was what GERB leader and former Prime Minister Boyko Borissov..

30.12.21 15:38 |
Polina Karastoyanova

Bulgaria may find itself in Covid isolation, says head of Bulgaria's Tourism Board

The low vaccination rate is a deadly factor that works against the Bulgarian economy, tourism, investments and public interest, Polina Karastoyanova, executive director of the National Board of Tourism, told the BNR.  According to her, the tourism..

27.12.21 16:35 |
Minister of Energy Alexander Nikolov

The state to compensate businesses for high electricity prices

“Because of the rising prices on the energy exchange businesses will receive compensations from the state for December, as well as for the first quarter of 2022,” Minister of Energy Alexander Nikolov announced. The companies which have..

21.12.21 15:09 |
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