Following a decision of Bulgaria’s Parliament, excess profits earned from fuels produced with cheaper Russian oil will be subject to taxation. Consumers are to receive the price margin between the cheap Russian Urals crude, processed by Lukoil Neftohim oil refinery in Burgas, and the fuel sold at a price similar to the price of fuel produced with Brent crude (which is more expensive).
"Lukoil will give 70% of the price margin between the two types of crude (Urals and Brent) to the Electricity System Security Fund. Later, the funds will be used to compensate transport users. The financial assistance will be based on social criteria.
In a record-long session lasting 18 days, Bulgarian MPs made a seventh failed attempt to elect a speaker of the National Assembly. After several breaks and a re-vote for the oldest MP, Silvi Kirilov from “There Is Such a People" (ITN), only a few..
The leader of “МРФ – New Beginning” Delyan Peevski has expressed his readiness to take the post of prime minister. “When we are the first party, I will form a government,” he said on the sidelines of the National Assembly. “If the Bulgarians give..
The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..
The average gross annual salary in Bulgaria in 2023 is 24,485 BGN (EUR 12,519) which is an increase of 15.3% compared to 2022, according to data from..
The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for..
During the night it will be cloudy with rainfalls in the western and central regions of Bulgaria, as snowfalls are possible in the..
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