Following a decision of the Energy and Water Regulatory Commission, the price natural gas has increased with 32% for July to the tune of EUR 94.98 per megawatt-hour excluding taxes and fees. This is the price, at which Bulgargaz will sell gas to the final suppliers and to persons who have been issued a licence for generation and transmission of heat.
"The situation regarding gas suppllies across Europe is extremely complicated, but the good news is that we will have gas in July" said Stanislav Todorov, Chairman of the Energy and Water Regulatory Commission. In his words, the gas storage facility in Chiren must be filled to 80% of its capacity before the beginning of the heating season. "Prices will continue to rise, as long as the war in Ukraine continues," Stanislav Todorov predicted.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
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