Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Businesses want 75% compensation for price of energy

| updated on 12/30/21 5:07 PM
Photo: BGNES

Compensation for business proposed by the government due to high electricity prices is not enough and may lead to a sharp economic decline, rise in unemployment and social tensions. This was what representatives of employers' organizations said at a meeting with President Rumen Radev. According to them, the proposed compensation ceiling of 30% of the difference between the actual market price of electricity for a month and the price defined by the moratorium for households made the measure ineffective and called for compensation of 75%.

President Radev called for “swift and highly-responsible actin so as to neutralize the consequences of the energy price crisis because the energy industry is the fundament for the development of any economy.” In his words this is directly connected with curbing inflation and improving the living standards of the population. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Cloudy and warm, with a maximum of 30°C

On Saturday, after the expected overnight rainfall, morning temperatures will range between 8°C and 13°C. In Sofia, it will be around 11°C. During the day, clouds will be mostly significant but high. Winds will increase from the south-southwest,..

published on 3/14/25 7:05 PM

The emblematic monument of Hristo Botev in Bulgaria's Vratsa dismantled for restoration

The emblematic monument of Bulgaria's national hero - the poet-revolutionary Hristo Botev in the center of the city of Vratsa has been dismantled for restoration . For this purpose, the nine-meter statue will be transported to a specialized workshop in..

published on 3/14/25 5:38 PM

Provadiya-Solnitsata prehistoric complex nominated for European Heritage Label

The prehistoric complex "Provadiya-Solnitsata" - the oldest salt production and urban centre in Europe (5600 - 4350 BC) - is among the sites nominated for the European Heritage Label 2025. This year, the European Commission received a total of 21..

published on 3/14/25 5:15 PM