Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on Thursday.
'We anticipated events — we have held careful discussions with the finance minister and the governor of the central bank to monitor the situation, because this is serious business. At one point, we could even be left without fuel,' Borissov said, while noting that the United States might reconsider its position.
Assen Vassilev, leader of the 'We Continue the Change' party, added, 'If Lukoil stops operating, it would disrupt fuel supplies to the country. We do not have sufficient import capacity to cover the country’s full needs.”
Meanwhile, the Bulgarian National Bank said it is analysing the potential impact of the sanctions, adding that 'on a systemic level, there is no direct credit risk affecting the stability of the country's banking system.'
Bulgaria's Prime Minister Rosen Zhelyazkov has invited King Charles III to visit Bulgaria again , the Council of Ministers announced. The two spoke at the royal reception organized on the occasion of the Berlin Process summit in London , which..
Legislative amendments banning individuals sanctioned under the global Magnitsky law from holding senior government or party positions will likely be submitted to Parliament as early as Thursday by the Vazrazhdane party, MP Petar Petrov told BNR...
The Renew Europe political group in the European Parliament has established a working group to examine instances in which the Bulgarian government may have acted against the rule of law. The move comes in response to what the group describes as..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
Legislative amendments banning individuals sanctioned under the global Magnitsky law from holding senior government or party positions will likely be..
Overcast, rain
Rain