Following a decision of Bulgaria’s National Assembly, the state will be able to take control over the oil refinery in Burgas if necessary. The Minister of Economy, at the proposal of an advisory council, may temporarily appoint a special commercial manager. He will take over the management if EU provisions are infringed, there is a threat to national security, there is a risk to the supply of critical resources, or when distortion of competition occurs.
Vazrazhdane was the only party that voted against. It called the National Assembly’s decision “an anti-market nationalisation”. "There is no nationalisation, because no property is being taken away", MP Martin Dimitrov from “Democratic Bulgaria” coalition said in return.
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the earthquake. The epicenter was near the city of Sundargah in the Balıkesir province. In addition to..
The Bulgarian National Bank reports a sharp increase in new household deposits . The growth in euro deposits is impressive. In just one month, amounts worth 334 million leva (over 161 million euros) were placed in deposit accounts. This is 57% more than..
The President of the National Assembly, Natalia Kiselova, is convening an extraordinary parliamentary sitting today with a single item on the agenda – a vote on amendments to the Medical Establishments Act, the Bulgarian News Agency (BTA) reported...
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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