Bulgarians Join Balkan Protest Against Soaring Food Prices
Bulgaria has joined Croatia, Bosnia and Herzegovina, and Montenegro in organizing protests against rising food prices
In 2023, 10.6% of the population in the European Union reported being unable to keep their homes adequately warm, marking an increase of 1.3 percentage points compared to the previous year, according to Eurostat, the EU's official statistics agency.
In Bulgaria, the percentage of those unable to maintain sufficient warmth in their homes was significantly higher than the EU average, reaching 20.7%. This places the country among the member states with the most considerable challenges in this regard.
Only Spain and Portugal recorded a slightly higher percentage, with 20.8% of their populations unable to heat their homes adequately. Lithuania followed closely with 20%, while Greece reported 19.2%.
Conversely, the lowest levels of people facing this difficulty were observed in Luxembourg at 2.1%, followed by Finland at 2.6%, Slovenia at 3.6%, Austria at 3.9%, and Estonia at 4.1%. The data underscores significant disparities in energy affordability and living conditions across the EU.
Source: Eurostat
For the ninth consecutive year (excluding 2022), the electrical industry remains the largest contributor to Bulgaria's exports, as reported by the Bulgarian Association of Electrical Engineering and Electronics (BASEL)
European natural gas prices have climbed above €55 per megawatt-hour for the first time in 16 months, driven by colder temperatures across the continent that are increasing demand for heating fuel
Serbian oil and gas company NIS, controlled by Russia’s Gazprom, is considering exiting its operations in Bulgaria and Romania due to ongoing difficulties in both markets
The Russian company Lukoil initiated the process of selling its Bulgarian assets in June last year, Prime Minister Rosen Zhelyazkov announced during a parliamentary hearing
The Bulgarian government has announced a program to compensate businesses and non-household electricity subscribers for high energy costs until the end of March
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