The energy crisis is becoming global, Bloomberg predicts today. Countries are increasingly relying on natural gas for efforts to stop burning more coal and switch […]
Business News
Assoc. Prof. Viktor Yotsov: Our Growth Is Insufficient To Catch Up With Europe
Bulgaria has built an economy that does not envisage an active economic policy. It does not have the opportunity to encourage and accelerate economic growth in […]
ETUC: Low Wages Leave 3 Million Workers in EU Without Heating, Bulgaria in Second Place
Due to the low salaries they receive, almost three million people in the European Union cannot afford to heat their homes, even though they work. […]
Bulgaria’s Energy And Water Regulator Under Fire Over Two-fold Increase In Power Prices
Bulgarian police officers and employees of the special services (SANS) made a surprise inspection in the Energy and Water Regulatory Commission (EWRC), trying to understand the reason […]
SANS And Interior Ministry Inspect Energy Watchdog
State Agency for National Security (SANS) and the Ministry of Interior has requested information from the Energy and Water Regulatory Commission and the Independent Bulgarian […]
Inflation Is Something Normal In Times Of Economic Recovery
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 […]
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 […]