The state has enough financial reserves for unforeseen expenses despite the deepening conflict in the Middle East, Minister of Finance Assen Vassilev has told BNR. He does not expect a shock rise of fuel prices but if it happened, there would be a reaction. "Most probably some kind of compensatory measures for the citizens will have to be introduced so that the price is not an excessive burden for them. However, this is an unlikely scenario at the moment," the minister added.
Speaking about the request of GERB and MRF that Bulgaria should stop importing Russian oil by the end of this year, which differs from the decision adopted in the National Assembly that the derogation for Lukoil should continue until October 2024, Assen Vassilev said that there were no guarantees whether the refinery in Burgas would be able to secure sufficient reliable supplies.
To insist on seeking a military settlement to the conflict in Ukraine is a losing venture. Europe should support the efforts of the US to find a better solution, said President Rumen Radev at the Chief of Defence Annual Conference in Sofia. At..
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US President Donald Trump and French President Emmanuel Macron at the White House. “The institutions in..
Bulgaria is to take part in common procurement procedures in the sphere of defence at an EU level, under projects for the acquisition of IRIS-T air defence systems and CAESAR self-propelled howitzers. The Ministry of Defence applied for and..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
Sofia has taken over the presidency of the most prestigious local government forum in the Balkans – B40. The capital’s mayor Vasil Terziev accepted the..
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