The definitive lift of the derogation for Russian oil from March 1, 2024 should not affect the Bulgarian market and lead to price increases, Bulgaria’s Minister of Finance Assen Vassilev told journalists in Blagoevgrad, the BTA reported. The reason for his comment was the agreement between GERB-SDS, We Continue the Change - Democratic Bulgaria and the Movement for Rights and Freedoms to cancel the derogation for Russian oil in two steps. The first step is the suspension of export quotas from January 1, 2024. The second step is the definitive abolition of the derogation from March 1, 2024. According to Assen Vassilev, Lukoil Neftohim Burgas' warning for forced shutdown of production is an attempt to instill fear. ‘'If there is non-Russian oil, it can safely be exported’', Assen Vassilev explained, as quoted by BNR-Horizont.
Bulgaria's position regarding the Republic of North Macedonia remains unchanged - our country insists that the signed agreements be respected, caretaker Premier and Minister of Foreign Affairs Dimitar Glavchev said at a hearing in Parliament on the..
The Balkans are attracting more and more medical tourists, with Turkiye being the undisputed leader, ranking among the top 10 most preferred countries for health tourism, according to the jury of the ninth edition of the BALKAN MEDICAL AWARDS 2024,..
In the coming months of 2024, around 2,800 unemployed people will start working under the regional employment programs, the press center of the Ministry of Labor and Social Policy reported. The programmes are funded by the Ministry of Labour and..
Hungary’s Deputy Interior Minister Bence Retvari stated that the abolition of Bulgaria and Romania’s Schengen borders by land is very important to the..
ContourGlobal Maritsa East 3 TPP has announced that another 160 people from the coal-fired power plant will be laid off in the coming months after the..
The position Bulgaria is going to the NATO summit with indicates that Bulgaria could offer Ukraine EUR 80 million , caretaker PM Dimitar Glavchev told..
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