“The European Commission will probe Bulgaria after a Russian oil firm (Lukoil – editorial note) in the country exploited a loophole in EU sanctions to raise €1 billion for the Kremlin’s war chest,” writes Politico, as quoted by the BNR correspondent in Brussels Anguelina Piskova.
Politico has also published an analysis in which it writes “…Bulgaria has likely exported almost 3 million barrels of Russian-origin oil products by sea from March to July this year alone”, and cites two examples – one of a tanker with 265,000 barrels of high-sulfur fuel oil which loaded at Burgas and unloaded at the port of Rotterdam, and the second – a tanker reloaded near Malta and redirected to Florida.
“We're paying attention to it and we've asked the Bulgarians to explain themselves,” said a senior Commission official, who was granted anonymity to speak candidly, Politico writes.
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 it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
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..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
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