The price of electricity for the industry reached BGN 300 (EUR 150) per megawatt-hour, just four days after the third caretaker government within the tenure […]
Category: World
BNB Set To Restrict Mortgage Loans
The Bulgarian National Bank has taken a decision to restrict mortgage lending. The Board of Directors has decided to increase the capital buffer for banks’ […]
Why Energy Prices Got Out of Hand And Will It Get Even Worse?
Europe is battling a record-breaking surge in energy prices that threatens to derail the post-pandemic economic recovery, strain household incomes, and even tarnish the nascent green […]
Ministers And Businesses Gave Themselves 10 Days To Look For Solutions For The ‘Tourism’ Sector
Prime Minister Stefan Yanev met this morning with representatives of the tourism industry in the Council of Ministers. The meeting was also attended by four ministers […]
Heating Bills Can Jump In Cost By A Double-Digit Percentage
CITUB leader Plamen Dimitrov predicts double-digit growth in the percentage of heating bills this winter in an interview with Nova News. “In terms of the […]
Bulgaria In Europe: Why Bulgarians Do Not Use Online Banking?
Do you use mobile banking? If so, congratulations – you are a minority. Only 1 in 8 Bulgarians have such a service on their phone or computer. […]
EC Proposes Common Phone Charger, Apple Opposes
The European Commission is expected to reveal its proposal for a common charger for all mobile phones, tablets and headphones. The idea has met strong […]
EU Enlargement Commissioner Pays Working Visit To Bulgaria Over North Macedonia Accession Talks
European Commissioner for Neighbourhood and Enlargement Oliver Varhelyi paid a one-day working visit to Bulgaria on Tuesday. In Sofia, Varhelyi met with Bulgarian President Rumen Radev, who […]
Energy Expert Vasko Nachev: We Are Practically in War over Natural Gas Prices
The world is in a state of “gas war”, sharp rises in industrial electricity prices are expected, and the situation will not improve soon. This […]
“Bulgargaz” Offers New Rise In Gas Prices
The final prices will be discussed at the end of the month Natural gas to increase in price by nearly 16 percent in October, “Bulgargaz” […]