State-owned gas stations will be located in big regional centers in order to have more balance in the cities. We believe that they should be built where there is no competition, said Minister of Economy Emil Karanikolov.
When there is a rise in oil prices, the reaction of the Bulgarian market is instantaneous, but when the raw material becomes cheaper, reaction slows down. With state-owned gas stations, society will receive a faster and more accurate response to real prices, the Minister said.
It will take 2 years to create a completely new oil company with 100 stations. The first gas station may be ready to open in 9 months, the Minister added.
The Bulgarian Cultural Institute in London is covering all the costs for the festive concert-performance that will mark the national holiday. The concert will be held at the Ondaatje Theatre, Royal Geographical Society on March 1,..
Bulgaria has received encouraging signals at the Eurogroup meeting. "The country has made even greater progress in fulfilling the price stability criterion," said European Commissioner for the Economy Valdis Dombrovskis. When..
The Consulate General of Bulgaria in Toronto announced that it has organized a crisis headquarters and is monitoring the situation with the plane crash at Pearson Airport in the Canadian city. A plane from Minneapolis to Toronto..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to..
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