The Ministry of Economy and Industry does not have complete information on the compensations paid due to high electricity prices, as the measure is administered by the Ministry of Energy.

This is how the Minister of Economy Nikola Stoyanov commented on the effect on the economy of more than BGN 10 billion in compensation for electricity.

“Undoubtedly, the measure is important for preserving the competitiveness of Bulgarian enterprises and limiting the consequences of the sharp increase in electricity prices,” the Minister of Economy points out.

He notes that compared to 2020, when the economy was only affected by the health crisis, in the current year, the military conflict in Ukraine also had a significant impact on it, which also had negative effects globally.

Here are the main indicators of our economy in recent years with a focus on its development after the start of the conflict in Ukraine and, accordingly, the introduction of compensation for businesses.