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.
On Thursday, minimum temperatures in Bulgaria will be in wide limits, from minus 6° - minus 8°C in places with fog, to about 5°C in the extreme southwestern regions of the country. In Sofia, it will be about minus 1°C. During the day,..
Our country has a six-month deadline until the end of August 2025 to restart the process of adopting the laws related to the Recovery and Resilience Plan. This will be done in an attempt to save most of the second payment under the plan,..
The Ministry of Interior is performing well. There has been an increase in the amount of seized drugs and human traffickers caught at the Schengen borders , Minister of Interior Daniel Mitov said in response to a journalist's question about how the..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
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