The Ministry of Energy will propose giving a loan of 400 million euros to the state-owned company "Bulgargaz", caretaker minister Rosen Hristov has told BNT. The goal is for "Bulgargaz" to enter the public financing market in order to repay the loan to the state.
All possible sources for import of gas are being considered, including Gazprom. The Russian monopolist is the last option, the minister pointed out. The country has gas until September. There are ways to provide gas at least until the end of the year, Hristov said.
The minister added that the compensation of 13 eurocents per liter of fuel for citizens was not enough and that negotiations on the prices should be held with "Lukoil".
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times . The deal is expected to be announced by the end of..
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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