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Economy

Energy Minister proposes extension of the programme for compensation of businesses for high electricity prices

Caretaker Energy Minister, Vladimir Malinov, will propose to the Council of Ministers that the programme for compesation of businesses for high electricity prices be extended for an additional three months, aligning with the state budget extension. Malinov and representatives of employers'...
Чете се за: 02:17 мин.
Tax filing season in Bulgaria begins
Tax filing season in Bulgaria begins
Individuals who earn income outside of their employment contracts are required to submit tax returns and pay the applicable taxes by April 30 at the latest, the National Revenue Agency (NRA)...
Чете се за: 02:40 мин.
Employers and unions plan to protest if mechanism for compensation for high electricity prices is not established
Employers and unions plan to protest if mechanism for compensation for high electricity prices is not established
Employers and trade unions plan to protest on January 15 if a mechanism to compensate for the record-high electricity prices for non-household consumers is not established by then. Motorway...
Чете се за: 01:50 мин.
Resumption of work of Chaira Pumped-Storage Hydropower Plant is a priority, Minister of Energy says
Resumption of work of Chaira Pumped-Storage Hydropower Plant is a priority, Minister of Energy says
The resumption of the operation of the pumped storage hydropower plant (PSHPP) "Chaira" is a priority, the caretaker Minister of Energy Vladimir Malinov said at a briefing at the Council of...
Чете се за: 01:55 мин.
Tsvetelina Penkova, MEP: Bulgaria could be a key transit hub on the energy map of Europe
Bulgaria could become a key transit hub for Europe, commented Bulgarian MEP Tsvetelina Penkova from the Bulgarian Socialist Party (BSP) in an...
Чете се за: 03:02 мин.
Budget Committee voted against extending reduced VAT rate for bread
Members of the Budget Committee in Parliament on January 7 voted against extending the reduced VAT rate for bread for another year. The proposal,...
Чете се за: 03:00 мин.
Bread price hike: Will other bakery products go up in price?
In recent days, there has been talk not only about the rise in bread prices but  about the potential increase in the cost of breakfast...
Чете се за: 01:07 мин.
Economists predict a rise in inflation in Bulgaria
Inflation is expected to rise again due to the recent price increases in Bulgaria, economists have forecasted. This will give the country a window...
Чете се за: 04:37 мин.
Politicians and businesses are calling for the return of reduced VAT rates for bread and restaurants
Politicians and businesses are calling for the return of reduced VAT rates for bread and restaurants
There are growing political calls to reinstate a 0% VAT rate for bread and 9% for the restaurant...
Чете се за: 06:05 мин.
Bread prices hike, with increases exceeding 30% in some areas
Bread prices hike, with increases exceeding 30% in some areas
Shock increase in the price of bread is reported by consumers in different regions of the...
Чете се за: 03:37 мин.
Prices of basic foods have increased: Sugar, oil, and flour see the highest price hike
Prices of basic foods have increased: Sugar, oil, and flour see the highest price hike
The prices of food products, fruits, and vegetables have risen over the past month, a trend that...
Чете се за: 04:15 мин.
VAT on bread, flour and restaurant services in Bulgaria restored to 20%
VAT on bread, flour and restaurant services in Bulgaria restored to 20%
Starting January 1, VAT rates for bread, flour and restaurant services return to 20%. The...
Чете се за: 00:47 мин.
Price of electricity for household consumers will increase by an average of 8.42%
Price of electricity for household consumers will increase by an average of 8.42%
The Energy and Water Regulatory Commission (EWRC) has approved new electricity prices for...
Чете се за: 03:22 мин.
Energy Minister confirms interest from Hungarian company to buy Lukoil Neftochim
Energy Minister confirms interest from Hungarian company to buy Lukoil Neftochim
Caretaker Minister of Energy, Vladimir Malinov, on December 23 commented on the news that the...
Чете се за: 01:42 мин.
Energy Minister hopes that by 2026, two more repaired units at Chaira Pumped Storage Hydro Power Plant will be operational
Energy Minister hopes that by 2026, two more repaired units at Chaira Pumped Storage Hydro Power Plant will be operational
Caretaker Prime Minister, Dimitar Glavchev, and caretaker Minister of Energy, Vladimir Malinov,...
Чете се за: 04:17 мин.
Renovation of Chaira pumped-storage hydropower plant is completed: innovative solution for the turbines applied
Renovation of Chaira pumped-storage hydropower plant is completed: innovative solution for the turbines applied
The repair of the second hydro unit at the "Chaira" Pumped-Storage Hydroelectric Power Plant has...
Чете се за: 01:47 мин.
EC notifies Bulgaria: Investigation into agreements with "BOTAŞ" has been concluded, no violations found
EC notifies Bulgaria: Investigation into agreements with "BOTAŞ" has been concluded, no violations found
The Directorate-General for Competition of the European Commission has officially informed...
Чете се за: 01:50 мин.
Viktor Orbán: Hungarian company seeks to buy Lukoil Neftochim - Burgas
Viktor Orbán: Hungarian company seeks to buy Lukoil Neftochim - Burgas
The Hungaria's MOL has submitted a bid for Lukoil Neftochim. The company is one of the...
Чете се за: 06:50 мин.
Traffic on the 'Danube Bridge' near Ruse temporarily restored
Traffic on the 'Danube Bridge' near Ruse temporarily restored
Traffic on the "Danube Bridge" at Ruse will be temporarily restored in both lanes today,...
Чете се за: 01:52 мин.
Taxi drivers stage new protest against increase in the price of compulsory third party liability insurance
Taxi drivers stage new protest against increase in the price of compulsory third party liability insurance
Two protests seriously hampered the movement in the center of Sofia - first public transport...
Чете се за: 04:37 мин.
Kozloduy Nuclear Power Plant signed a contract with Westinghouse
Kozloduy Nuclear Power Plant signed a contract with Westinghouse
Representatives of Kozloduy Nuclear Power Plant and Westinghouse Electric Company signed a...
Чете се за: 02:00 мин.
Tomorrow, Dec. 20: Bus services on 26 routes of Sofia public transport will not operate
Tomorrow, Dec. 20: Bus services on 26 routes of Sofia public transport will not operate
Tomorrow morning, December 20, in protest, 26 lines of public transport in Sofia will not...
Чете се за: 02:02 мин.
Grain growers ready to protest if irrigation money not provided
Grain growers ready to protest if irrigation money not provided
The draft budget is causing concern among grain producers. They are preparing for another...
Чете се за: 01:57 мин.
Unemployment rate in Bulgaria is over 5% in November
Unemployment rate in Bulgaria is over 5% in November
The unemployment rate in Bulgaria for November was 5.16%, according to the Employment Agency. By...
Чете се за: 02:40 мин.
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