Bulgaria Sets New Business Trip Allowances Ahead of Euro Adoption
Bulgaria plans to adjust daily allowances for business trips ahead of the euro adoption on January 1, 2026
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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.
A new contract tied to the future construction of Kozloduy NPP’s seventh and eighth units was signed at the Council of Ministers between Kozloduy NPP–New Power Plants and the LEP-BWXT-CNPSA consortium
The Energy and Water Regulatory Commission has set the price of natural gas for December at 63.01 BGN per MWh, equivalent to 32.22 EUR per MWh
The Municipality of Gotse Delchev has approved one of the largest infrastructure projects in the region, granting unanimous consent to a cooperation agreement with the Swiss company
Turkey’s state-run energy company Botas reported a record loss of USD 1 billion (around 1.85 billion BGN) in 2024
Dimitar Georgiev, a Bulgarian financier and international markets analyst, stated that he does not anticipate any further increase in fuel prices in the country
Vladislav Panev, from the “Acceleration” Club and a former MP with the “Green Movement,” described the appointment of Rumen Spetsov as a special manager of Lukoil Bulgaria as surprising
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