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Producer price index in Bulgaria rises by 8.7% for the month

The general producer price index has increased by 8.7% in August 2022 compared to the previous month , NSI data show. A significant growth was registered in the production and distribution of electric and heat energy and gas - by 28%. The overall..

30.09.22 18:55 |

Bulgaria and North Macedonia to continue negotiations on electricity exports

Bulgaria and North Macedonia have not reached an agreement on the price of electricity that is to be exported to North Macedonia next winter. At a meeting of the working group held in Sofia, North Macedonia’s representatives asked for a price that..

18.09.22 12:52 |
Caretaker Energy Minister Rosen Hristov

Bulgaria's Minister of Energy expects a 10% reduction in gas prices

Bulgaria wants concreteness from the European Commission on energy security measures through electricity savings. The country has its own goals for diversifying energy sources and ensuring stability, Energy Minister Rosen Hristov said in Varna. He..

15.09.22 12:36 |
Nikola Stoyanov

Gas for electricity barter between Bulgaria and Azerbaijan

Bulgarian electricity for Azerbaijani gas - this is the agreement signed during the visit of Bulgarian Economy Minister Nikola Stoyanov to Baku on September 6. The minister announced the news to the public broadcaster BNT, noting that this will provide..

11.09.22 11:08 |

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 |
Prime Ministers of Bulgaria and the Republic of North Macedonia Galab Donev (right) and Dimitar Kovachevski in Sofia, September 5, 2022.

PM Galab Donev: Bulgaria to export additional electricity volumes to Macedonia

The energy crisis was the main topic of one-on-one meeting between the Prime Ministers of Bulgaria and the Republic of North Macedonia Galab Donev and Dimitar Kovachevski in Sofia.  "We will unite with Bulgaria to find a solution for supplying..

05.09.22 18:18 |

Bulgaria’s Producer Price Index rises 41.4% year on year

In June, the total Producer Price Index (PPI) in Bulgaria increased by 41.4% compared to the same month in 2021. In May, the index rose 38.2% year on year, data of the National Statistical Institute (NSI) indicate. Producer prices increased with 3.4%..

29.07.22 12:09 |

Number of electric cars in Bulgaria increases by 82% in one year

As of July 1, 2022, there are 4,614 fully electric passenger cars in Bulgaria , according to data from the Ministry of the Interior, BTA reports.  There is a significantly higher number of hybrid passenger cars which use in addition to..

10.07.22 17:35 |

Bulgaria’s lawmakers finally adopt the amendment of the 2022 state budget

Following two days of debates, Bulgaria’s lawmakers have finally adopted the amendment of the 2022 state budget. “The MPs exercised responsibility against the backdrop of a complicated political situation. It will be difficult, yet not impossible,..

01.07.22 11:56 |

Energy independence is attainable as long as politicians and experts pool their efforts

As the energy, social and economic crisis unfolds, Bulgaria is reopening the discussion of the implementation of the Fit for 55 package and the green transition to a low carbon economy. According to the advocates of the green idea, the..

16.06.22 11:47 |
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