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.
In a record-long session lasting 18 days, Bulgarian MPs made a seventh failed attempt to elect a speaker of the National Assembly. After several breaks and a re-vote for the oldest MP, Silvi Kirilov from “There Is Such a People" (ITN), only a few..
The leader of “МРФ – New Beginning” Delyan Peevski has expressed his readiness to take the post of prime minister. “When we are the first party, I will form a government,” he said on the sidelines of the National Assembly. “If the Bulgarians give..
The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..
Due to the poor condition of the water transmission network, nearly half a billion cubic meters of water are irretrievably lost annually . On this..
"After today's vote for Speaker of the National Assembly, ''We Continue the Change'' (PP) demanded the resignations of Daniel Lorer and Yavor..
On Friday, cloudy weather will prevail over the country. The wind will be oriented from the northwest, will strengthen and in the Danube Plain its speed..
+359 2 9336 661