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.
Bulgaria is at a very decisive point on its path to introducing the European currency and must be very careful in the coming months so that the criteria are met, International Monetary Fund Managing Director Kristalina Georgieva told BTA. According to..
Sofia residents handed over separately about 8 tons of waste from their basements, garages and attics during the second edition of “MaGaTa Fest”, which took place in the “Mladost” district. Within four hours, 700 kg of textiles, 150 kg of paper, 50 kg of..
The Bulgarian National Bank will exchange free of charge and in unlimited quantities banknotes and coins from leva to euros at the official exchange rate during the first six months after Bulgaria enters the eurozone, it is clear from the BNB website...
A month after Bulgaria receives the green light to join the eurozone, all traders are obliged to have their prices in both Bulgarian..
Bulgaria’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of..
Since the beginning of the year, Bulgaria has also met the price stability criterion for eurozone membership, Minister of Finance..
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