Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Finance Minister: We need a balanced scheme to help businesses over expensive electricity

Photo: BGNES

The scheme to support Bulgarian businesses due to high electricity prices must be balanced, said Deputy Prime Minister and Finance Minister Asen Vassilev at a meeting of parliamentary committees on finance and energy. According to him, it is not possible for the state to take the full risk of businesses in the electricity sector. 

"The dramatic situation is due not so much to increased consumption or less supply on the Bulgarian market, but to the connection of the Bulgarian market with international markets and the extremely high level of exports, which raises prices," said the Minister. 
The Ministry of Finance has provided a total of BGN 860 million in budget funds for additional support of Bulgarian businesses in the period December-March.



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

Scientists support schools with lessons on healthy lifestyle in urban environment

What is the noise level of an airplane engine or a hand drill, a normal conversation, the movement of a car at a speed of 60 km/h, in a disco, at a rock concert and which values ​​are dangerous for people's health and the animals? The answers to..

published on 10/4/24 7:55 AM
Ivan Vazov National Theatre in Sofia.

Rain and strong winds towards the end of the week

On Friday, lows will be between 10 and 15 degrees Celsius , 13°C in Sofia. Maximum temperatures will be between 26 and 31°C, 28° in the capital. During the day it will be sunny in central and eastern Bulgaria. In the west, there will be clouds and after..

published on 10/3/24 7:05 PM

Bulgaria faces referral to the ECJ for failing to comply with three procedures

The European Commission has formally warned Bulgaria, Estonia and Ireland to properly implement EU laws against racism and xenophobia, reports BNR correspondent Angelina Piskova. In its letter of formal notice, the European Commission says the three..

published on 10/3/24 4:59 PM