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

Government and employers agree on energy compensation measures

Energy Minister Alexander Nikolov.
Photo: BGNES

Bulgarian government proposes compensations for the electricity prices for the month of May equal to 80% of the increase over 100 EUR/MWh. The measures for natural gas prices envisage 100% compensation of the price increase in May, the cabinet announced at a briefing after a meeting with employers and representatives of the trade unions.


For July and beyond the plan is to automate the process of compensating businesses for high electricity prices through legal changes, Energy Minister Alexander Nikolov said.


We are still ready to stage a protest, although we have no reason to do so at the moment. We believe that the employers' demands on energy prices have been met, said Vassil Velev, chairman of the Industrial Capital Association.




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

Hungary urges EU to dispatch border guards to the borders of Bulgaria and Greece

Hungary’s Deputy Interior Minister Bence Retvari stated that the abolition of Bulgaria and Romania’s Schengen borders by land is very important to the Hungarian presidency of the Council of the EU. We want to reach a decision by the end of the..

published on 7/5/24 1:30 PM
Boyko Borissov

Bulgaria will not be giving cash to Ukraine

Yesterday, a new attempt was made to insinuate that Bulgaria would give cash to Ukraine, GERB leader Boyko Borissov said in parliament. At the closed session of the National Assembly discussing the NATO Summit in Washington, it became..

published on 7/5/24 11:06 AM

Archaeologists make new significant discovery in Heraclea Sintica

Bulgarian archaeologists have found a very well-preserved two-meter-high statue with a head In the ancient city of Heraclea Sintica. It was made by an artist who used a whole marble block to make the statue in the 2nd century AD..

published on 7/5/24 9:58 AM