The G-7 is considering the possibility of imposing a price cap on Russian crude oil, transported by sea, in the range of 65-70 US dollars per barrel, BTA reported. The topic was also discussed with the representatives of the 27 EU Member States with the idea of reaching a common position. Opinions in the EU vary, with some countries calling for much lower prices and others for higher ones. The purpose of the discussions is to introduce a price cap on Russian oil exported by sea, which will come into force on December 5. The decision is part of sanctions that are supposed to limit Russia's revenue from oil exports so that it has less money to finance its military actions in Ukraine.
Meanwhile, work on restoring electricity supply started in a number of regions in Ukraine, after three out of four operating nuclear power plants in the country were disconnected from the electricity grid. In many places, including the capital city of Kyiv, work is focused on repairing critical infrastructure. In the region of Zaporizhzhia, electricity has been restored. According to the Ministry of Energy, in addition to the nuclear power plants, many of the thermal power plants and hydropower plants were also disconnected from the network, which aggravated the situation even further.
After the Russian missile attack yesterday, 80% of households in Kyiv do not have water and electricity, BTA informs. The television broadcast network, the electricity transmission network and the water supply have been affected. Electrified buses do not run due to power shortages and metro trains run at long intervals. There is also a problem with the Internet connection throughout Ukraine. In places where web access is available, mobile operators complain of capacity overload. Power and water supply in the city are expected to be restored today.
With various events throughout the country Bulgarians are marking 152 years after the death of the Apostle of Bulgarian Freedom Vasil Levski. Today, at 6:00 p.m. a memorial ceremony in front of the monument to the Apostle of Freedom in Sofia takes..
BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This is clear from his response in an interview with BTA, in which Radev announced that the Central..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the train conductor of the private Bulgarian company, who is a Romanian citizen, died in the accident...
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory..
Education must make children not only knowledgeable but also good people, said Minister of Education and Science Krasimir Valchev at a meeting with His..
More than 550,000 people received support last year under the European programme Food and Basic Material Assistance – packages of staple foods and nine..
+359 2 9336 661