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US sanctions 3 companies in Bulgaria for prohibited exports to Russia

Three Bulgarian companies have been sanctioned by the US for enabling the Russian military industry. According to the US Department of State and the Department of the Treasury, they shipped aviation components and other items used by Russia to..

31.10.24 09:03 |
PM Nikolai Denkov

The government is doing its best so that the sanctions against Russia are not circumvented, PM Denkov says

Defence spending, the US F-16s commissioned for the Bulgarian air force, European defence policies, the suspicions that Bulgaria is circumventing the energy sanctions against Russia, the stability of democracy in Bulgaria – these were the questions..

20.02.24 10:31 |

MPs propose bill for properties of sanctioned Russian persons

Restoring control on the "Kamchiya" rehabilitation complex and the freezing of Russian properties owned by sanctioned persons is envisaged in a draft bill by MPs of PP-DB, Ivaylo Mirchev and Nadezhda Yordanova.  The bill also provides for the..

22.01.24 14:00 |

Bulgarian lawmakers agree to end derogation for Russian oil on March 1

GERB-SDS, We Continue the Change - Democratic Bulgaria (PP-DB) and the Movement for Rights and Freedoms (MRF) have agreed to end the derogation for Russian oil. At a meeting in Parliament, the three formations decided that the sponsors of the two..

07.12.23 13:43 |
Delyan Peevski talking to journalists in parliament, 29 November, 2023

Delyan Peevski says he is ready to be PM

In an open letter, the chair of the parliamentary group of the Movement for Rights and Freedoms (MRF) Delyan Peevski criticizes Prime Minister Nikolai Denkov, accusing the government of not coping adequately with the consequences of the heavy..

29.11.23 14:30 |
Russiaх Foreign Minister Sergei Lavrov.

Sergei Lavrov: If Sofia opens its airspace, the Russian delegation will be attending the OSCE meeting in Skopje

The Russian delegation will take part in the Organisation for Security and Cooperation in Europe (OSCE) Foreign Ministers' meeting in Skopje , Russia's Foreign Minister Sergei Lavrov said.  According to him, Bulgaria has assured North Macedonia that it..

27.11.23 16:31 |

Lukoil oil refinery issues position on the export of products made out of Russian oil

“Lukoil Neftochim Burgas exports petroleum products, made out of Russian crude oil, in strict observance of the frameworks of the established quotas and restrictions,” reads a position by the company released to the media. MPs call for..

11.11.23 14:48 |

European Commission to investigate Bulgaria over evasion of sanctions against Russia by Lukoil

“The European Commission will probe Bulgaria after a Russian oil firm (Lukoil – editorial note) in the country exploited a loophole in EU sanctions to raise €1 billion for the Kremlin’s war chest,” writes Politico , as quoted by the BNR..

10.11.23 08:46 |
Nikolai Denkov

The government has already taken steps against Lukoil Neftochim, PM Denkov says

“We are aware of Lukoil Neftochim’s corruption scheme for evading the EU and US sanctions against Russia,” commented Prime Minister Nikolai Denkov in Sofia. The oil refinery in Burgas violated EU and US embargo on Russian oil, CSD say..

09.11.23 13:52 |

EU foreign ministers discuss 11th sanctions package against Russia

On May 22, in Brussels, the foreign ministers of the EU countries did not take concrete decisions on the 11th sanctions package against Russia. Hungary has not said it will veto the sanctions package if OTP Bank is not removed from the Ukrainian..

23.05.23 09:49 |
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