Nine Member States in the European Union produce lignite, also called 'brown coal', for electricity and heat production, Eurostat data show. Germany is the main producer and accounted for about 45% of total EU lignite production in 2018 followed by Poland (16%), Czechia (11%), Greece (10%), Bulgaria (8%) and Romania (6%).
In 2018, 9% of the total gross electricity produced in the EU was based on lignite, the same as the amount of electricity produced from other bituminous coal and more than double the amount from solar photovoltaic.
But Bulgaria is among the most heavily dependent countries on lignite, the most low-calorie and most polluting kind of coal. Czechia derives 43% of its electricity from lignite, Bulgaria (38%), Greece (32%) and Poland – 29%.
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
A forum entitled "Career and Life - Why in Bulgaria?", organized by the Bulgaria Wants You platform, was held at the Royal Geographical Society in London on October 20. The event, which took place for the second time, attracted significant..
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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