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Bulgarian business sector calls for electricity price compensations to continue

published on 9/9/22 10:56 AM

Photo: pixabay

Businesses have demanded compensation for high electricity prices. In a letter to the prime minister and ministers, employers' organizations remind that the current compensation scheme expires in September and call for urgent measures. A possible delay in extending compensations will lead to a severe liquidity crisis for the vast majority of non-residential electricity consumers, production shutdowns and job cuts.

Against the background of the ongoing series of crises, Bulgarian businesses are unable to bear another price shock, the letter says.

Businesses remind that non-domestic users include all public institutions - hospitals, schools, kindergartens, museums, theatres, municipalities.

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Radio Bulgaria Economy business electricity electricity prices employers kindergartens prices schools

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Bulgarian business sector calls for electricity price compensations to continue

More from category

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion

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More than EUR 1 billion to be allocated for agriculture and the development of local economies

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion