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.
Despite active and targeted efforts to recruit personnel, the percentage of vacant positions at the State Intelligence Agency (SIA) remains high, reads the 2024 report of SIA, published on the website of the Council of Ministers. Another issue..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance Temenuzhka Petkova said. At the opening of the Investor Day 2025: Embracing Opportunities forum in..
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian levs and euro. This was what Deputy Minister of Economy Nikolay Pavlov said in an interview with the..
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