The state cannot administratively lower fuel prices, but it can compensate end users, Minister of Economy Nikola Stoyanov has told Nova TV.
The cabinet has proposed that the parliament should adopt a tax of 33% on the excess profits of companies that process and sell crude oil, natural gas and coal. The European regulation from October allows us to seize the excess profits of the companies and put them in a special fund in order to finance the compensations, Stoyanov said.
Unlike the current compensation of 13 euro cents per liter, this time the discount would be bigger and businesses would also benefit from it, the minister added.
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The Sofia Municipal Council has approved the city's budget for 2025 with 41 votes in favour, four against and ten abstentions . The document's economic framework provides for a retroactive increase in public transport salaries of 300 leva (€153) with..
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At a Sofia City Council (SCC) briefing, municipal officials who recently left the We Continue the Change (PP) party declared they would not be complicit..
A vibrant and free-entry event will mark the beginning of the summer mountain tourist season in the Rhorope town of Chepelare. Starting on June 27 at 6:00..
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