According to the snapshot calculations by Bulgargaz, the price of natural gas must go up by 17% in September, Bulgargaz’s new executive director Denitsa Zlateva stated. She pointed to the price-formation mix: “We have the negotiated amounts of Azeri deliveries; two partial LNG cargoes; the quantity traded at the Balkan gas hub auction at a highly competitive price from the supplier who won the tender.”
Denitsa Zlateva stated further that the caretaker cabinet sends letters to Gazprom every day, and that the talks with the Russian company are taking place at a political not at a company level.
However, the chairman of the energy watchdog Ivan Ivanov stated that negotiations with Gazprom will not yield the desired result. He did not rule out new central heating prices as of the beginning of 2023.
The Economic and Social Council of the Republic of Bulgaria strongly criticizes the bill tabled by Vazrazhdane party on the registration of foreign agents submitted to the National Assembly. In a resolution, the Council described the proposals as..
An average of seven unemployed people are competing for one job across the country in 2024, according to the National Employment Agency. The unemployment rate in Bulgaria remained at 5.2% in October The strongest competition is in the..
Sofia will welcome the Christmas and New Year holidays with brilliant decorations in all areas of the city. A major highlight in the transformation of the capital will be the beautiful Christmas trees placed in key locations. The tallest among..
A quadripartite meeting of the interior ministers of Bulgaria, Hungary, Austria and Romania in Budapest on 22 November made it clear that Austria would..
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an..
Overnight it will be mostly clear. Winds will weaken and die down in many areas. In the morning it will be cold, with minimum temperatures between minus..
Partly Cloudy