Customs duties

The Residential Night Rate for electricity for the summer period starts on Wednesday and will last until October 31.

The summer schedule for the residential nighttime tariff provides reduced rates between 11 p.m. and 7 a.m. 

U.S. President Joe Biden urged a tripling of tariffs on Chinese steel and aluminum, citing "unfair competition" as he seeks to win blue-collar votes in November's election.

The European Commission has unveiled plans for significant tariff hikes on grain imports from Russia and Belarus. The proposed tariffs, described as potentially functioning as de facto sanctions, aim to address growing concerns over the use of food exports as a geopolitical tool by Moscow while safeguarding EU markets and farmers.

EU member states and lawmakers on Wednesday reached a deal to cap duty-free imports of some Ukrainian grains, which were allowed in the wake of Russia's invasion but have drawn fierce protests from farmers in the bloc.

Prices are now lower than the amount after subsidies - DEI dominates with loyal customers and the green tariff prevailing - Mobility only among private suppliers - Room for even greater reductions

Amidst growing pressure from farmers and member states, the European Union is poised to reverse tariffs on grain imports from Russia and Belarus, a move aimed at easing tensions and supporting agricultural sectors, according to reports from the Financial Times.

The Foreign Economic Relations Board (DEİK) will be lobbying for the modernization of the customs union between Türkiye and the European Union, says Nail Olpak, the president of DEİK.

The upcoming elections for EU Parliament pose a risk as the elections may slow down the process, Olpak told a group of journalists in Istanbul.

The time to choose colored electricity tariffs has arrived and consumers will be pleasantly surprised, since the prices across the range of rates are lower than what they have been paying until now with subsidies.

As consumers struggle to find which set of power rates is ideal for them out of the "green," "blue," "yellow" and "orange" categories to be introduced from January 1, blue tariffs appear to be beating the green and yellow floating tariff.

President Rumen Radev referred the Constitutional Court to the provisions of the Law on Control of the Implementation of Restrictive Measures in view of Russia's actions destabilizing the situation in Ukraine, which imposes "energy contributions" on the import of Russian natural gas into Bulgaria, as well as on its transmission to Europe through the territory of Bulgaria.