The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which filled the underground gas storage facility Chiren, in November 2022, to 80% before the start of the heating season. The aid will be in the form of direct grants to the natural gas suppliers to compensate for part of their losses sustained as a result of the storage of expensive gas in the summer of 2022 with the aim of fulfilling the country’s obligation to store and subsequently sell it at lower prices from November 2022 to April 2024. The ceiling for the aid is EUR 76.7 per MWh. In calculating the final amount of state aid, only half of the stored gas can be taken into account. The scheme will be in force until the end of this year.
On April 9 and 10, Bulgaria's President Rumen Radev participated in the Delphi Economic Forum in Greece . The event brings together heads of state and government, representatives of academia, business and the non-governmental sector, who discuss the..
The images of Paisius of Hilendar and St. Ivan Rilski will adorn Bulgarian euro coins The revised graphic design of the Bulgarian national side of the euro coins has been approved by the Governing Council of the Bulgarian National Bank. The..
The project company "Kozloduy NPP - New Capacities", working on the construction of the new units No. 7 and No. 8 of the Kozloduy Nuclear Power Plant, has begun negotiations with Bulgarians who live abroad and have experience in nuclear power plants in..
The personnel crisis in the tourism sector has reached critical levels, with various data indicating that up to 70% of tourist sites..
Sofia public transport workers will protest on Monday, April 14, demanding increase in wages . The decision to protest was made after meetings between the..
President Rumen Radev will participate in the tenth edition of the Delphi Economic Forum in Greece on April 9 and 10. The event..
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