"Lukoil Neftohim Burgas" will fulfill its commitment to switch to non-Russian oil processing, company representatives said at a meeting with Bulgarian Prime Minister Nikolai Denkov. They discussed the deadlines for this before the expiry of the EU derogation for Bulgaria for import of Russian oil in the end of 2024.
Denkov has requested that Lukoil must regularly pay the advance taxes to the state budget. In addition to the 10% corporate tax, by law the company must also pay a 33% temporary solidarity contribution. Lukoil representatives have confirmed their readiness to fulfill their obligations, the government reports.
Bulgaria expects reliable supplies and predictable fuel prices, President Rumen Radev also said in a conversation with the management of the company after the meeting of the Prime Minister.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
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