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Energy Minister Alexander Nikolov

Bulgaria stands to lose if it stops exporting electricity: Energy Minister Alexander Nikolov

“It would only be possible for Bulgaria to stop exporting electricity if we agree not to be in the EU,” Bulgaria’s Energy Minister Alexander Nikolov said in an interview with Nova TV. “If we stop exporting electricity the price will fall. But..

31.01.22 10:41 |
National Assembly Speaker Nikola Minchev

Nikola Minchev: Moratorium on the prices of electricity, water and heating may be lifted before March 31

The moratorium on the prices of electricity, water and heating may be lifted before March 31, National Assembly Speaker Nikola Minchev said for the BNR.  Bulgaria's Premier Kiril Petkov said on Saturday that the moratorium on the prices of..

30.01.22 16:27 |

Ombudsman: The centres for people at risk are closing doors over electricity and gas bills

The centres for people at risk are forced to close their doors over electricity and gas prices.  In a letter addressed to the Minister of Finance, the Minister of Social Policy and to the chair of the parliamentary Committee on Labour, Social and..

27.01.22 17:10 |

Street lights in Bulgarian nuclear city of Kozloduy turned off

In the city of Kozloduy, where the Bulgarian nuclear power plant operates, street lights are turned off from 6 to 10 pm because of the high electricity prices. In December alone, the municipality paid 35,000 euros for electricity,..

27.01.22 09:48 |

Household gas consumers to receive compensation

Household gas consumers are to receive compensation from the state. The aid for households for December will be 13.69 euros per megawatt-hour and for January - 21.64 euros per megawatt-hour. The aid for the business caused by the high electricity..

20.01.22 18:01 |

Kiril Petkov: There will be no frightening scenarios after end of moratorium on electricity prices

No imbalances would break out after the end of the moratorium on electricity prices, Prime Minister Kiril Petkov said in an interview with BNR. According to him, there would be no "frightening scenarios". He added such scenarios that..

16.01.22 14:58 |

Kiril Petkov promises higher compensations for non-household consumers of electricity

Bulgaria’s Premier Kiril Petkov has promised the five nationally representative employers' organizations in Bulgaria that the state would pay higher compensations to non-household consumers of electricity.  The Chairman of the Bulgarian..

11.01.22 18:21 |
Assen Vassilev

Assen Vassilev: No VAT cut on energy bills is being discussed

T he 2022  draft budget will be submitted to the National Assembly at the end of January after consultations with the ministries and the social partners, Bulgaria’s Deputy Prime Minister and Minister of Finance A s sen Vassilev..

09.01.22 13:36 |

Inflation in Bulgaria has reached levels of 2009

The annual inflation rate in Bulgaria accelerated to 6.3% in November, as the last time similar levels ​​were observed in this country was in early 2009. The difference is that then there was a process of disinflation after a period of a double-digit..

07.01.22 15:35 |

Finance Minister: We need a balanced scheme to help businesses over expensive electricity

The scheme to support Bulgarian businesses due to high electricity prices must be balanced , said Deputy Prime Minister and Finance Minister Asen Vassilev at a meeting of parliamentary committees on finance and energy. According to him, it is not..

06.01.22 19:30 |
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