Bulgaria's Business Sector Prepared for Euro, Inflation Remains Low
A large part of the Bulgarian business sector is well-prepared for the euro changeover
A shocking jump in the current electricity price for business. The increase is 203% compared to last Friday's prices. On the Bulgarian market, megawatt hour in the category is 196 leva.
Just for comparison, the price in Europe is 70 leva per megawatt hour, which is nearly 3 times cheaper than in Bulgaria.
Today the industrialists will ask again for the resignation of NEK EAD chief Petar Iliev. They accuse him of lobbying, even indicating that he deliberately influences prices in favour of a major player on the energy market.
Bulgaria has reached a strategic financing agreement with the American Citibank for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
Energy Minister Zhecho Stankov shared encouraging news for Bulgaria’s energy sector, highlighting that financial institutions are prepared to provide funding eight times greater than what is required for the construction
Energy Minister Zhecho Stankov has firmly criticized the 2022 agreement between state-owned Bulgargaz and Turkish company Botas, arguing that there was no objective reason to enter into such a deal
Authorities have launched a wide-ranging investigation into the controversial gas transmission agreement between Bulgaria’s state-owned Bulgargaz and the Turkish company Botas
The European Commission is preparing a new phase of green legislation that could significantly impact fuel prices across the EU
As of July 1, a new pricing period begins for household electricity, heating, and hot water in Bulgaria
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