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.
On Tuesday, the lowest temperatures will range from 1°C to 6°C, for Sofia around 5°C. There will be frost in some valleys across eight regions in Eastern Bulgaria. After a chilly morning, the day will be sunny across the country. Maximum..
The President of the European Council, Antonio Costa, and Prime Minister Rosen Zhelyazkov visited Arsenal, Bulgaria's largest arms manufacturer, in Kazanlak. The management of the factory presented the technological capabilities of the plant, its main..
Payments under the Recovery and Resilience Plan (RRP) have doubled in recent months, Deputy Prime Minister Tomislav Donchev has announced. He added that he was optimistic about receiving the delayed tranches and the remaining funds under the RRP...
European Council President Antonio Costa will be paying a three-day visit to Bulgaria 27-29 April. His schedule includes meetings with President Rumen..
The political formation “Yes, Bulgaria” which is part of the opposition coalition “Democratic Bulgaria” is calling a national conference to elect a new..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian..
Clear
Mostly Cloudy
Partly Cloudy