“The petrol stations the state is planning to construct will not be built with money from the budget,” said Minister of Economy Emil Karanikolov in an interview for bTV.
He added that they will not be financed by the future State Oil Company but, instead, by a commercial company which cannot be state-subsidized. The company will makes use of loans and own funds. Negotiations are underway to attract strategic investors from abroad to build the petrol stations and electric car charging stations.
According to the government’s stated intentions the purpose of the state-owned chain of petrol stations is to improve competition on the market and offer the public and businesses the lowest prices possible.
Bulgaria has given up the fight for reforms and investments under the Recovery and Resilience Plan (RRP), former caretaker deputy prime minister for EU funds Atanas Pekanov told BNR. He said that Nikolai Denkov's government had made a serious mistake by..
The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between some Orthodox churches, which we should try to overcome," he said in response to a question from the..
The first youth cycling festival "Sofia Bicycle Show", organized by "Sofia - World Capital of Sports" will take place today in the renovated Zapaden Park in the capital city. Children will compete on a completely safe and..
Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest..
If a referendum was held on whether to continue the country's membership in NATO, 59% of Bulgarians would answer affirmatively,..
The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between..
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