Business groups and leading industry associations in Bulgaria have issued a joint appeal to the Government, urging swift intervention to address rising electricity costs impacting the industrial sector. Their message, directed to the caretaker Prime Minister and relevant ministers, reflects growing concern over the economic strain caused by volatile energy prices.
The organizations emphasize that energy-intensive industries are a key pillar of the national economy, contributing around 25% of GDP while supporting employment, regional development, and essential supply chains. They warn that without adequate support, companies could face reduced competitiveness, production cuts, and a potential shift of investments abroad.
This appeal comes amid broader European-level discussions on the economic consequences of the ongoing energy crisis. Bulgarian industry representatives stress that without immediate and effective domestic measures, the country risks tangible negative outcomes, including declining output and job losses.
To address these challenges, the groups propose adjustments to the support framework, including increasing compensation to cover 50% of electricity consumption and lowering the price threshold that triggers aid. They also call for stronger engagement in upcoming EU debates on emissions trading, carbon border measures, network tariffs, and taxation, highlighting the importance of coordinated action.
The statement represents a unified stance from major employer organizations and sectoral bodies, underlining the urgency of policy responses needed to protect industrial activity and maintain economic stability.
