Podcast in English
Text size
Bulgarian National Radio © 2025 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

Temperatures will go down on Sunday, snow is expected in Northeastern Bulgaria

The weather will be cloudy during the next 24 hours. Snow will fall in the northeastern part of Bulgaria, which will spread to many regions of Northern Bulgaria during the day. It will rain in the southern parts of the country. Snowfall will be..

published on 2/15/25 5:20 PM
Rumen Radev (L) and Hakan Fidan (R)

Rumen Radev and Hakan Fidan discuss connectivity between Bulgaria and Türkiye

Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting with Türkiye's Minister of Foreign Affairs Hakan Fidan within the framework of the Munich Security..

published on 2/15/25 5:09 PM

A new law will normalize pricing along the supply chain

The Ministry of Agriculture and Food will draft a law aimed at normalizing relations along the entire supply chain – from primary production, through processors, the distribution of primary products and food, as well as wholesale and retail trade,..

published on 2/15/25 2:50 PM