The business environment in Bulgaria has deteriorated further. We insist that the National Economic Council be convened, the President of the Bulgarian Industrial Capital Association Vasil Velev said for the BNR. Businesses in Europe receive compensations when electricity prices cross a certain threshold, while in Bulgaria this is not the case. "The retail price of electricity for households is lower than the wholesale electricity prices for the industry, while in Europe the average retail price of electricity for households/ wholesale price for the industry ratio is the opposite", added Vasil Velev.
In his view, the coal industries should be replaced by photovoltaics. "However, Bulgaria may lose European co-financing for this transition if it continues to delay its Recovery and Resilience Plan", Vasil Velev said. In the coming years, this country’s labor market will continue to lose 40 thousand people on an annual basis, the President of BICA predicted.
The European Parliament has approved the nomination of Bulgarian Ekaterina Zaharieva as European Commissioner. She will be in charge of the 'Start-ups, Research and Innovation' portfolio. After her confirmation hearing in the European Parliament,..
A meeting of the interior ministers of Bulgaria, Romania and Austria in Budapest could lead to a change in Austria's stance on the two countries joining the Schengen area. This is reported in the Austrian media. The meeting will take place on 22..
"I support the allocation of more funds in the field of innovation for defence" - this is how the Bulgarian candidate for the post of European Commissioner for Start-ups, Research and Innovation, Ekaterina Zaharieva, answered a question by Bulgarian MEP..
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The European Parliament has approved the nomination of Bulgarian Ekaterina Zaharieva as European Commissioner. She will be in charge of the 'Start-ups,..
A meeting of the interior ministers of Bulgaria, Romania and Austria in Budapest could lead to a change in Austria's stance on the two countries joining..
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