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Economy

Two contracts signed for the implementation of a vertical gas corridor

The contract for the construction of a vertical gas corridor was signed in the Council of Ministers on June 6. The purpose of the Vertical Gas Corridor is to supply Central and Eastern European countries with blue fuel from Azerbaijan and liquefied natural gas supplies. The reason for its...
Two contracts signed for the implementation of a vertical gas corridor
Livestock farmers from the country blocked the Sub-Balkan road, protest continues tomorrow
Livestock farmers from the country blocked the Sub-Balkan road, protest continues tomorrow
Livestock farmers from the country blocked the Sofia-Burgas sub-Balkan road on June 5. For about an hour they protested in the area above the town of Kalofer (Southern Bulgaria), and the reason...
Development of nuclear energy remains a top priority for Bulgaria, caretaker Minister of Energy says
Development of nuclear energy remains a top priority for Bulgaria, caretaker Minister of Energy says
The development of nuclear energy remains a top priority for Bulgaria, caretaker Minister of Energy Vladimir Milanov said on June 5 in the coastal city of Varna. He pointed out that the...
Price of electricity predicted to rise by 1.39%, price of heating to drop by 8.44%
Price of electricity predicted to rise by 1.39%, price of heating to drop by 8.44%
The Energy and Water Regulatory Commission (EWRC) forecasts an increase in electricity prices by 1.34% on average from 1 July and cheaper hot water and heating by 8.44% on average. Final decisions...
Price of natural gas is set to increase by slightly over 8% in June
The price of natural gas is set to increase by slightly more than 8% in June, Energy and Water Regulatory Commission (EWRC) Chairman, Ivan Ivanov,...
Over 80 companies from the IT sector took part in career forum of the Faculty of Mathematics and Informatics of Sofia University
Over 80 companies from the IT sector participate in the career forum of the Faculty of Mathematics and Informatics of Sofia University "St....
Kozloduy NPP to terminate contract with Russia for nuclear fuel supply
Kozloduy nuclear power plant (NPP) will terminate the contract with Russia for the supply of nuclear fuel. This was announced by the company's CEO...
Efficiency of hydropower plants: the renovation of part of Belmeken-Sestrimo cascade is completed
The rehabilitation of part of the Belmeken - Sestrimo - Chaira cascade was completed. The "Sestrimo" HPP was put into operation. The Chaira pumped...
Poor harvest and relatively high prices of early cherry varieties in Plovdiv region
Poor harvest and relatively high prices of early cherry varieties in Plovdiv region
The harvest of the earliest cherry varieties in Plovdiv, Southern Bulgaria, is extremely poor...
Electricity from photovoltaics: Will the market become saturated?
Electricity from photovoltaics: Will the market become saturated?
The installed renewable energy capacity in the country is about 3 gigawatts, but plans are to...
Has BNB tightened mortgage lending?
Has BNB tightened mortgage lending?
There is no real tightening by the Bulgarian National Bank (BNB) in the credit market for...
Energy Minister is in the US, discussing LNG supplies for Bulgaria and the region
Energy Minister is in the US, discussing LNG supplies for Bulgaria and the region
Through supplies from the United States Bulgaria will establish itself as a key factor for...
The increase in the price of electricity from 1 July will be about 2%, utility regulator said
The increase in the price of electricity from 1 July will be about 2%, utility regulator said
The change in the price of electricity from 1 July this year will be about 2%, the head of...
Bulgaria's central bank ordered banks to tighten standards in mortgage lending
Bulgaria's central bank ordered banks to tighten standards in mortgage lending
Bulgarian National Bank (BNB) reported an increase in lending secured by residential real estate...
Measures against the increase in the price of electricity
Measures against the increase in the price of electricity
Measures against the increase in the price of electricity. Today, May 20, Kozloduy Nuclear Power...
Bulgargaz to sue Gazprom over suspended gas supplies in 2022
Bulgargaz to sue Gazprom over suspended gas supplies in 2022
Bulgargaz (the public supplier of natural gas in Bulgaria), will sue Gazprom Export for BGN 400...
The new strategy of the Bulgarian Development Bank will turn it into a real encouragement bank
The new strategy of the Bulgarian Development Bank will turn it into a real encouragement bank
The new strategy of the Bulgarian Development Bank will turn it into a real encouragement bank,...
District Heating Companies predict lower prices for heating and hot water from July 1
District Heating Companies predict lower prices for heating and hot water from July 1
Heating and hot water will become cheaper from 1 July. This is what Kremen Georgiev, the...
BGN 2,300 is the average wage for March, national statistics data show
BGN 2,300 is the average wage for March, national statistics data show
The average gross monthly wage for March is BGN 2,300. Monthly inflation is -0.3% and annual...
Bulgaria won't be able to meet the criteria for joining the euro area by the date of the convergence report in June, BNB Governor says
Bulgaria won't be able to meet the criteria for joining the euro area by the date of the convergence report in June, BNB Governor says
Bulgaria will not be able to meet all the criteria for joining the euro area by the date of the...
May 13 is Tax Freedom Day in Bulgaria in 2024
May 13 is Tax Freedom Day in Bulgaria in 2024
May 13, 2024, is Tax Freedom Day in Bulgaria. This is the hypothetical date on which the people...
Police, customs and tax officials conduct checks in Lukoil warehouses
Police, customs and tax officials conduct checks in Lukoil warehouses
From May 10, checks are being carried out in the tax warehouses of Lukoil Neftohim Burgas AD and...
Record low electricity exports - decline in generation and consumption
Record low electricity exports - decline in generation and consumption
The Electricity System Operator reported record drop in electricity exports by nearly 79% in the...
New requirements for price of bread introduced
New requirements for price of bread introduced
From 1 July until the end of the year, VAT on bread will remain 0%.   The mark-up for...
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