The definitive lift of the derogation for Russian oil from March 1, 2024 should not affect the Bulgarian market and lead to price increases, Bulgaria’s Minister of Finance Assen Vassilev told journalists in Blagoevgrad, the BTA reported. The reason for his comment was the agreement between GERB-SDS, We Continue the Change - Democratic Bulgaria and the Movement for Rights and Freedoms to cancel the derogation for Russian oil in two steps. The first step is the suspension of export quotas from January 1, 2024. The second step is the definitive abolition of the derogation from March 1, 2024. According to Assen Vassilev, Lukoil Neftohim Burgas' warning for forced shutdown of production is an attempt to instill fear. ‘'If there is non-Russian oil, it can safely be exported’', Assen Vassilev explained, as quoted by BNR-Horizont.
Researchers from Bulgaria, Slovakia, Serbia and the Czech Republic are joining forces in the SeNaTa project – “Self-heating Magnetic Nanoconstructs for Theranostic Applications” – coordinated by the Institute of Catalysis at the Bulgarian Academy of..
A Bulgarian parliamentary delegation led by Raya Nazarian, Deputy Speaker of the National Assembly and Chair of the Bulgaria-Japan Friendship Group, is visiting Japan at the invitation of Fukushiro Nukaga, Speaker of the House of Representatives of the..
The Ministry of Defence has warned of large, low-flying aircraft over the country in the coming days , but has assured the public that there is no cause for concern. The international flight training exercise, European Spartan Exercise 2025 (ESE 25),..
Bulgaria is celebrating 117 years since it proclaimed independence from the Ottoman Empire today. On 22 September 1908, Prince Ferdinand I read..
Traffic on Tsarigradsko Shose Boulevard in Sofia is blocked by two separate protests, by residents of the Gorublyane and Druzhba 2 neighbourhoods...
It will be clear and mostly calm during the night. On Tuesday morning, there will be temporary increases in cloud cover and reduced visibility in some..
Partly Cloudy
Mostly Cloudy