The European Commission will afford Bulgaria an opportunity to continue with the Russian oil deliveries but, at the same time, ways will be sought to diversify imports.
In the words of Deputy Prime Minister and Minister of Finance Assen Vassilev, the Bulgarian economy can hold out for up to 6 months if Russia halts the oil, and if the Bosphorus is closed. During question time in parliament, he pointed out there existed buffers in the budget which can be used for a swift reaction in the event of such a scenario. According to Assen Vassilev, it is in Bulgaria’s national interest that the country obtain a derogation from the oil sanctions on the one hand, and on the other, that it gradually diversify oil suppliers. The construction is envisaged of a motorway, railway and oil pipelines Alexandroupolis-Burgas-Varna-Constanța. As to the company Luikoil Neftohim, Assen Vassilev stated it cannot be nationalized as, legally it is not Russian, but Swiss and is not on the sanctions list.
The fire in a discotheque in the Macedonian town of Kocani, which killed 59 young people and injured more than 150, has prompted preventive action by the authorities in Bulgaria. The fire service has launched additional inspections of nearly 260..
Dozens of people have responded to the call of the Pirogov Emergency Hospital in Sofia to donate blood in support of the victims of the fire in Kočani, North Macedonia. The campaign is organized by the Bulgarian Red Cross. It will..
Rules for mark-ups in stores and regulated prices for 22 basic food products are provided for in a new draft law, which was presented today at the Ministry of Agriculture and Food. "As a government, we are obliged to take care of..
March 18, 2025 has been declared a National Day of Mourning in memory of the young people who died in the tragic fire in a nightclub in the town of..
The import of manpower from non-EU countries is record high, but does not cover the needs of the business sector. Since the beginning of the year, 4,202..
Six residents of the town of Kocani from North Macedonia are traveling to the Pirogov Hospital in Sofia to donate blood. They have the rare blood type..
Clear
Mostly Cloudy
Partly Cloudy