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Rila Monastery

Bulgarian monasteries are in distress due to high electricity prices

High electricity prices spurred rolling heating outages at the Rila Monastery. The monastery uses industrial electricity . Its electricity bill for December last year amounted to EUR 14,000, which was three times more as compared to the same period..

27.01.22 18:00 |
Agriculture Minister Ivan Ivanov

Bulgaria's Agriculture Minister demands more money for state aid in the sector

The Ministry of Agriculture will insist on increased resources for state aid in the sector in the 2022 budget, Minister Ivan Ivanov told the BNR. According to him, the moment is extremely unfavourable for agriculture and one of the reasons is the high..

10.01.22 10:59 |
EWRC Chairman Ivan Ivanov

EWRC Chairman Ivan Ivanov expects the EC to comment on the actions of Bulgaria’s Premier

“T he claim of Bulgaria’s Premier Kiril Petkov that the energy regulator failed to protect the public interest during the January gas price increase is absurd” , the Chairperson of the Energy and Water Regulatory Commission Ivan Ivanov said...

09.01.22 11:19 |

Employers warn of inflation, cuts in salaries and staff

So far, there has been no reaction from the President and Prime Minister to the calls of employers' organizations for convening the National Security Council over electricity prices. Vasil Velev from the Bulgarian Industrial Capital..

29.12.21 11:15 |

Bulgarians to choose between domestic and imported meat for their festive table

Almost all meat products sold on Bulgaria’s market are imported from other European countries. Bulgaria imports pork mainly from Germany and Denmark, which are Europe’s largest pork producers. Big quantities of pork are also..

07.12.21 17:18 |

Electricity prices and National Electric Company’s profit hit record highs

Electricity prices in Bulgaria and other EU countries have been skyrocketing recently. Meanwhile, profits of the energy companies have also increased. According to latest financial statements, the profit of the state-owned National Electric..

29.11.21 14:10 |

Record electricity prices in the Day Ahead segment

The average price of electricity for Wednesday on European energy exchanges has jumped sharply to a new record peak of 271 euros per MWh, and Bulgaria's electricity price rose to a historic high of 272.30 euros, or 532.56 levs, per MWh. This is shown by..

23.11.21 18:06 |
PM Stefan Yanev (right)

Bulgarian government presents its measures in support of the energy sector

Bulgaria's caretaker cabinet is working to ensure access to electricity in the best possible price range for all consumers. This was announced by Prime Minister Stefan Yanev at a briefing at which the measures planned by the caretaker government in the..

27.09.21 18:07 |

Association of Industrial Capital in Bulgaria complains of high electricity prices

The price of electricity for businesses is at shock levels, the same is the case with alternative fuels such as gas and coal, the Association of Industrial Capital in Bulgaria warned at a meeting with Energy Minister Andrey Zhivkov. He, in turn,..

17.09.21 21:57 |

Tourism organizations establish national crisis headquarters to save tourism

The two largest tourism organizations- the Alliance of Tourism Industry in Bulgaria and the Confederation of Bulgarian Tourism Business are establishing a national crisis headquarters to save tourism. The new alliance will undertake joint..

08.09.21 05:05 |
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