Employers Organizations Warn that New Price of Electricity Will Cause Loss of Jobs, Push Up Retail Prices

Employers Organizations Warn that New Price of Electricity Will Cause Loss of Jobs, Push Up Retail Prices

Sofia, August 2 (BTA) – The increase of the price of electricity for industrial consumers will lead to lower incomes, loss of jobs and higher retail prices, which will be felt already in the coming months, Chairman of the Association of Industrial Capital in Bulgaria Vassil Velev told a BTA-hosted news conference on Sunday. The event was attended by representatives of the nationally representative employers organizations and trade unions: the Bulgarian Industrial Association, the Bulgarian Chamber of Commerce and Industry, the Confederation of Employers and Industrialists in Bulgaria, the Confederation of Independent Trade Unions in Bulgaria and the Podkrepa Labour Confederation. More…