The Russian energy giant Lukoil is planning to make new investments in Bulgaria which would make that country a fuel export center in the Balkans, the President of the company Vagit Alekperov announced after his meeting in Sofia with Bulgaria’s Premier Boyko Borissov. With regard to Lukoil’s intention, some necessary legislative amendments were discussed at the meeting. Bulgaria’s cabinet is to propose those amendments to the country’s National Assembly. There is no fuel cartel in Bulgaria, Vagit Alekperov told journalists, adding that Bulgaria was the only country with such a high number of petrol stations per capita on the domestic market. The number of petrol stations in Bulgaria is twice higher than the number of petrol stations in Romania, which is a country with a population of nearly 30 million, Vagit Alekperov pointed out.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European..
+359 2 9336 661