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.
Sofia has taken over the presidency of the most prestigious local government forum in the Balkans – B40. The capital’s mayor Vasil Terziev accepted the baton from the municipality of Tirana, which marked the beginning of the fourth edition of B40...
Ukraine must be given reliable and stable security guarantees as an indispensable condition for sustainable peace , says an official position of the Bulgarian Foreign Ministry on the occasion of 3 years of "Russia's unprovoked and unjustified..
Bulgarian-Ukrainian associations and non-governmental organizations are organizing marches in the evening in Sofia, Plovdiv and Veliko Tarnovo o n the occasion of the third anniversary since the start of the war in Ukraine on February 24...
On Wednesday, minimum temperatures will range between minus 5° C. and zero, lower in the Northeastern parts of the country where they will drop down..
Bulgaria is to take part in common procurement procedures in the sphere of defence at an EU level, under projects for the acquisition of IRIS-T air..
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US..
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