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.
Euro Commissioner for Home Affairs Ylva Johansson expressed expectations for the abolition of internal Schengen land borders for Bulgaria and Romania by the end of the year. Commissioner Johansson is attending the two-day EU Justice and Home Affairs..
The Russian arms company Freshvale, registered in Sofia, has been selling combat drones and weaponry to Russia despite imposed sanctions, said the US Department of the Treasury. Freshvale EOOD, a Bulgaria-based UAV manufacturer, marketed Russian..
Members of the Bulgarian community in North Macedonia met with Deputy Minister of Foreign Affairs Ivan Kondov at the Bulgarian Cultural and Information Center in Skopje, reported BTA. "We signed a Friendship and Good-Neighbourliness Agreement with..
After last night's storm, accompanied by hail and strong winds, several municipalities in Bulgaria suffered serious damages and..
Speaking in Stara Zagora at the Fourth National Convention of the Reserve Army, President Rumen Radev stressed the need for basic military training for..
Rainfall in Bulgaria so far has been below climate norms. Viktoria Kleshtanova, a weather analyst at the National Institute for Meteorology and Hydrology..
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