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.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
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...
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