With the efforts of Bulgaria and seven other EU Member States, the weakened version of the new Euro 7 standard for emissions from gasoline and diesel engines has been adopted.
Italy, Bulgaria, the Czech Republic, France, Hungary, Poland, Romania and Slovakia opposed the initial project, as unrealistic and with a negative impact on investments in the automotive sector in the transition to electric cars. France and Italy, which have powerful auto industries, said the standard threatened European competitiveness in a sector that employs 14 million Europeans. Euro 7 will replace Euro 6 from 2025 and will be mandatory for all new vehicles sold. It also introduces higher standards for car batteries.
At the Competitiveness Council in Brussels, Deputy Minister of Economy and Industry Ivaylo Shotev pointed out that the accessibility to electric cars varies in different EU countries and that Euro7 will increase the demand for second-hand cars.
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...
A few hours before being sworn in for the second time as President of the United States, Donald Trump shocked the international community with the news that he was launching his own cryptocurrency, called $TRUMP. A precedent that provoked many questions..
The budget for 2025 is feasible and will likely be the last one in Bulgarian leva, Minister of Finance Temenuzhka Petkova said in an interview with bTV...
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