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.
By a government decision, as of today an interdepartmental council is being set up for the screening of foreign direct investments. It will examine the applications submitted for making foreign direct investments in Bulgaria by investors registered..
The initiative of the British Embassy Sofia ''Ambassador for a Day'' will be held for the eighth consecutive year under the auspices of Vice President Iliana Iotova, announced the press office of Bulgaria’s Head of State. The competition for..
''A Bulgarian ship was detained on suspicion of damaging a telecommunications cable under the Baltic Sea between the Latvian city of Ventspils and the Swedish island of Gotland. An investigation is currently underway in Sweden. We do not have..
Seven years after buying the Denny ice cream factory in Veliko Tarnovo, London-based multinational Unilever is closing the plant. The company did not give..
Bulgaria’s Minister of Defense Atanas Zapryanov is leaving on a three-day visit to the United States, the Ministry of Defense said. Minister Zapryanov..
''A Bulgarian ship was detained on suspicion of damaging a telecommunications cable under the Baltic Sea between the Latvian city of Ventspils and the..
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