Bulgarian Businesses Demand Compensation amid Surging Electricity Prices

Energy-intensive industries in Bulgaria are facing a severe threat of curtailed operations or potential closures due to the soaring electricity prices. Dobri Mitrev, the head of the Bulgarian Industrial Association (BIA), highlighted this pressing issue, revealing that the budget for 2024 lacks provisions for energy compensations across various sectors.

Mitrev conveyed the BIA's communication with the government, emphasizing the urgency of addressing the European Commission's proposal to extend temporary crisis measures for state aid....