Following a decision of Bulgaria’s Parliament, excess profits earned from fuels produced with cheaper Russian oil will be subject to taxation. Consumers are to receive the price margin between the cheap Russian Urals crude, processed by Lukoil Neftohim oil refinery in Burgas, and the fuel sold at a price similar to the price of fuel produced with Brent crude (which is more expensive).
"Lukoil will give 70% of the price margin between the two types of crude (Urals and Brent) to the Electricity System Security Fund. Later, the funds will be used to compensate transport users. The financial assistance will be based on social criteria.
On Thursday the weather in Bulgaria will be sunny, in the afternoon over the mountainous areas with insignificant cumulus clouds. There will be a weak, in the eastern regions to moderate wind from the south-southeast. Temperatures will rise and..
Magura Cultural Center is participating in the art project ''Irenwe Wa: she speaks the regular way'', created as part of the Terminal 5 expansion at Chicago’s O’Hare International Airport. ''This installation highlights the voices of immigrant..
Bulgaria’s Prime Minister Rosen Zhelyazkov held a video conference with Ukrainian Prime Minister Yulia Svyrydenko. During the meeting, Rosen Zhelyazkov reaffirmed Bulgaria’s unwavering support for Ukraine in the context of the war. He recalled that..
"There is no control body and it is not clear who checks the sports attractions, as well as who is responsible for their use". This was..
The Food Safety Agency of Azerbaijan has imposed temporary restrictions on the import of certain goods from some regions of Bulgaria and Croatia due to..
More and more young people in Bulgaria are succumbing to the easy access to quick loans, driven by the lack of financial experience, the desire for..
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