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Wholesale food prices in Bulgaria continue to rise

The wholesale food market price index (MPI)  has increased by 1.17% over the past week reaching 2.16 points. The base level of the index was set in 2005 at 1.000 points.  The MPI has increased by more than 6.75% over the past three months...

23.10.22 12:16 |
Caretaker Energy Minister Rossen Hristov.

Ministry of Energy to equalize gas, electricity and central heating bills

"One of our main initiatives is to introduce the same price for private consumers for gas, electricity and heating and thus avoid switching from one type of heating to another, said caretaker Energy Minister Rossen Hristov. The  proposal could come into..

21.10.22 22:23 |

How long will the price storm in Bulgaria rage?

The elections have passed but uncertainty about the future after them remains. To the expectations for a regular cabinet with a longer work horizon, people also add the hope that the MPs will try to control inflation and to raise incomes. Before the..

17.10.22 15:27 |
Caretaker Minister of Economy Nikola Stoyanov

The inflation peak has passed, caretaker government says

In November the price of natural gas is expected to fall once again, said Minister of Economy in the caretaker cabinet Nikola Stoyanov. He pointed out that the volumes of gas for the winter period have been provided. Unless there is an unexpected..

09.10.22 11:08 |
Rosen Hristov

Bulgaria is in favour of a ceiling on the prices of all gas imports into the EU

Bulgaria's Minister of Energy, Rosen Hristov, stated that measures to protect the Turkish Stream pipeline will be discussed in Bulgaria after the Nord Stream 1 and 2 explosions. After the EU Council meeting in Brussels, Rosen Hristov stated that..

30.09.22 17:01 |

National Statistical Institute registers slight improvement in business climate in Bulgaria

After a dramatic decline in August 2022, one month later there is an albeit slight improvement in the business climate in industry, retail trade and services. At the same time a rise in prices is expected in all economic spheres in the coming..

29.09.22 13:56 |
Anton Kutev

Government has asked Lukoil to take corporate responsibility

There are people who will not be able to survive this winter in Bulgaria, said interim government spokesman Anton Koutev, referring to energy prices. "This winter will be about human lives - heating, fuel and prices of all other products..

11.09.22 12:02 |

Bulgarian business sector calls for electricity price compensations to continue

Businesses have demanded compensation for high electricity prices. In a letter to the prime minister and ministers, employers' organizations remind that the current compensation scheme expires in September and call for urgent measures. A possible delay..

09.09.22 10:56 |
Bulgaria's Vice President Iliana Iotova

Vice President Iotova calls on political parties to secure energy supplies

The confrontation between the parties should be sidelined and politicians should give concrete and pragmatic solutions in several directions: to secure energy supplies that would help Bulgarian businesses survive, get a grip on prices to maintain the..

03.09.22 13:30 |
Rumen Radev

Azeri gas mix cannot cushion the rise in the price of gas, President Rumen Radev says

President Rumen Radev expressed the hope that the political forces will conduct a campaign “with an eye to the future”, as well as in the interest of society. Talking to reporters at Sofia Airport, President Radev, who was returning from a..

02.09.22 19:40 |
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