Gradual abolition of two fees will lower electricity bills, Environment & Energy Min says

Business 21 October 2024 14:15

The gradual abolition of the two fees included in electricity bills to fund renewable energy sources (ETMEAR) and supplying islands with electricity (YKO) are among the actions the Environment and Energy Ministry is planning, to reduce consumer bills for electric power, CE Report quotes Athens-Macedonian

This strategy is included in the National Plan for Energy and the Climate that was presented recently by the ministry leadership. It includes the following:

- Developing renewable energy sources (RES) in a balanced way per category (photovoltaic, wind, hydroelectric), and based on plans accounting for consumer needs. It includes keeping cuts restricted while developing energy storage systems.

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Tourism Minister: Bulgaria's Hosting of ECTAA's Forum Is Opportunity to Reinforce Country's Position as Innovative, Safe Destination

21 October 23:25

Bulgaria’s hosting of the annual meeting of the European Travel Agents' and Tour Operators' Association (ECTAA) is a great honour and a testament to the trust placed in this country by the European tourism community, Tourism Minister Evtim Miloshev said.

S&P reaffirms Greece’s investment-grade rating BBB- with a positive outlook

19 October 18:15

Credit rating agency Standard & Poor’s (S&P) reaffirmed Greece’s investment-grade rating of “ BBB-” with a positive outlook.

Four Bulgarian Projects to Receive EUR 12 Mln under Connecting Europe Facility

18 October 18:00

A total of four projects with Bulgarian participants will receive EUR 12 million under the Connecting Europe Facility, the Transport Ministry said.

Bulgaria's GDP Growth Stands at 1.9% in 2023, Y/Y

18 October 15:06

In 2023, Bulgaria's gross domestic product (GDP) growth rate was 1.9% compared to 2022, the National Statistical Institute said on Friday. In 2022, the growth rate was 4% compared to 2021.

Companies Make Conservative Forecasts for Wage Growth in 2025

17 October 23:20

The total wage increase in Bulgaria in 2024 is expected to be 7% year on year. Companies are conservative in their forecasts for 2025 and would rather maintain this year's wage growth rate.

Central government primary surplus was roughly 8 bln euros in January-September 2024, central bank reports

17 October 18:10

The primary balance of the central government in Greece on a cash basis recorded a surplus of just over eight billion euros in January-September 2024, up from 5.3 billion euros in the same period of 2023, according to figures released by the Bank of Greece on Thursday.

Commission disburses the 4th payment of 998.6 million euros in grants to Greece under the RRF

16 October 23:45

The Commission disbursed the 4th payment of 998.6 million euros in grants (net of pre-financing) to Greece under the Recovery and Resilience Facility (RRF) on Wednesday.

Members of Commission for Emergency Situations allocate financial means to remove consequences of natural calamities in three districts of Moldova

16 October 19:45

About 9 million lei will be allocated from the government’s intervention fund for the repair and reestablishment of the deteriorated public roads in nine settlements from the central Telenesti district, hit by the torrential rains with hail from 11 June 2024. A decision to this effect was approved at a today’s meeting of the Commission for Emergency Situations (CSE), chaired by Prime Minister Dorin Recean, the government’s communication department has reported.

Gradual abolition of two fees will lower electricity bills, Environment & Energy Min says

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