A petition in support of Maritsa East Mines and Maritsa East-2 thermal power plant has been launched in the town of Yambol (Southeast Bulgaria). It was organized by the Confederation of Labor Podkrepa. The organizers of the petition insist that Bulgaria’s authorities start discussions on the “Energy” chapter of this country’s Recovery and Resilience Plan.
On Facebook the Chairman of the Confederation of Employers and Industrialists of Bulgaria Kiril Domuschiev called for resignations in the management of this country’s energy sector. “Since the beginning of August, Bulgaria has been the European country with the most expensive electricity”, noted Kiril Domuschiev. Meanwhile, Bulgaria has been exporting electricity whose price is lower than the price of electricity sold on the Bulgarian power exchange, added Kiril Domuschiev.
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
+359 2 9336 661