The speculations of a rise in the price of sunflower oil in the coming months due to the poor harvest in the country will not come to pass, Vladimir Ivanov, chairman of the Commodity Exchange and Wholesale Markets State Commission said for the BNR. The European market is going to make up for any possible shortages, and even if there is a price rise it is not going to exceed 10%, experts say. There will be no significant rise in the price of sunflower oil as sunflower producers and processors have warned. The European and the world markets are balanced and prices have remained unchanged for over 6 months, Vladimir Ivanov said further, and added he expected no abrupt changes. “When there is less national production that is not a good thing. But the market does not tolerate any void. Naturally, we shall compensate for the high domestic price with the import price,” Vladimir Ivanov explained.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
The Bulgarian team is returning home with four medals from the Youth International Olympiad on Astronomy and Astrophysics (IOAA) , held in the Romanian..
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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