At an open session, the Energy and Water Regulatory Commission (EWRC) reviewed a proposal submitted by Bulgargaz EAD on June 10, for setting the July sale price of natural gas to end suppliers and licensed heating energy producers. The report from the regulator’s working group, published in advance for transparency, included detailed calculations and supplier…
The consequences of the avian influenza outbreaks in Lithuania and Poland are still being felt in the regional egg market and, according to local market players, could drive it into a new crisis. Although retail egg prices in Lithuania have risen moderately over recent weeks, wholesale prices are experiencing double-digit growth, Aleksandrs Izgorodins, an analyst…
The Confederation of Independent Trade Unions of Bulgaria (CITUB) is pushing for legal amendments that would change how prices are displayed in stores. The proposal suggests that, alongside the retail price, each product should also carry a label showing the price set by the producer or importer. As Bulgaria moves toward adopting the euro, the…
The Ministry of Economy of Ukraine has approved the next allocation of funds under the 25% compensation program for Ukrainian agricultural machinery and equipment. Based on the applications submitted in May, 50 agricultural producers will receive compensation totaling over UAH 6.8 million. “In May, another 50 agricultural enterprises applied for compensation for 65 units of…
EU leaders have reached a political agreement to extend existing sanctions against Russia for another six months, but they did not approve the new, 18th package of restrictive measures. Source: Radio Free Europe/Radio Liberty editor Rikard Jozwiak on X (Twitter), as reported by European Pravda Details: Jozwiak’s sources said that the leaders had agreed to extend all current sanctions…
On the sidelines of the NATO Summit in The Hague, President of Ukraine Volodymyr Zelensky met with Prime Minister of New Zealand Christopher Luxon to discuss investment in Ukraine’s military equipment production. The relevant statement was made by the Head of State on Telegram. “I met with Prime Minister of New Zealand Christopher Luxon. We…
The upcoming rise in electricity prices starting in July is expected to influence inflation in Bulgaria, Assoc. Prof. Dr. Atanas Atanasov, chairman of the National Statistical Institute (NSI), has said. He emphasized that the overall impact on inflation would also depend on other factors such as oil prices, transport expenses and consumer behavior. The volatile…