“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.
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...
The international conference Regional Defence Summit 2025 takes place today in Sofia. It brings together defence ministers, representatives of the European Union and NATO, industry leaders, investors and innovators with the next..
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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