The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan.
This is being done so as to make the completion and approval of the European Commission assessment possible by the end of 2024. In this way the finance minister will implement the parliamentary decision from 12 January, 2023, by force of which the government has to renegotiate the plan regarding reforms in the energy industry. The MPs then decided the requirement for a 40% reduction of carbon emissions by the end of 2025 must be renegotiated, taking 2019 as the basis. The National Assembly decision also sets down the renegotiation of the grant assistance for batteries, making it 50%, as well as the reassignment of 50% of the finding for geothermal energy set down in the plan towards energy-efficient housing renovation, the Bulgarian news agency BTA reports.
Agricultural land in Bulgaria has more than doubled in price, or by 108.7%, for the past 7 years , according to data of the National Statistical Institute. In 2016, the average price per decare of land was 386 EUR and last year it..
"Come to Blagoevgrad" is the motto of a three-day forum organized by the team of Mayor Metodi Baikushiev. The event aims to attract and motivate Blagoevgrad residents working and doing businesses abroad to return and realize their potential in their..
The residential real estate market in Sofia in the second quarter of 2024 remains stable and active. Despite forecasts for a possible lull, the trends show a rise in prices and a significant increase in demand. This is shown by an analysis of one..
Bulgarian protein bar manufacturer Healthy Bars is planning to build a new factory in the capital's Vrabnitsa district. The Regional Inspectorate for..
The Minister of Innovation and Growth, Rosen Karadimov, has not given up on the idea of the Bulgarian Development Bank (BDB) granting..
Overcast, rain
Partly cloudy, chance of rain
Cloudy