The budget committee of the Bulgarian parliament has not approved the ban on export of refined petroleum products from Russian crude oil. The measure was approved by the energy committee. MP Yordan Tsonev of the Movement for Rights and Freedoms said that the task of the law was to stop re-export and to guarantee the collection of VAT and excise duties from the refinery.
The BSP and Vazrazhdane MPs strongly opposed the draft. According to the parties, this would lead to the closure of the Lukoil refinery in Burgas, which would have negative effect on the treasury.
"If Russia stopped the tankers through the Black Sea, then Neftohim would close," MP of the Bulgarian Socialist Party, Rumen Gechev, said.
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..
Mostly Cloudy
Partly Cloudy
sunshine, cloud, rain and thunder