“The petrol stations the state is planning to construct will not be built with money from the budget,” said Minister of Economy Emil Karanikolov in an interview for bTV.
He added that they will not be financed by the future State Oil Company but, instead, by a commercial company which cannot be state-subsidized. The company will makes use of loans and own funds. Negotiations are underway to attract strategic investors from abroad to build the petrol stations and electric car charging stations.
According to the government’s stated intentions the purpose of the state-owned chain of petrol stations is to improve competition on the market and offer the public and businesses the lowest prices possible.
"Bulgaria expresses strong solidarity with Lithuania following Russia's repeated violations of European airspace, a clear example of deliberate breaches of international law and the territorial integrity of our allies and partners," the Bulgarian..
In the 2024/2025 academic year, 2,104 students from Ukraine were studying at Bulgarian universities , according to the Ministry of Education. Of these, 1,750 were pursuing bachelor’s degrees, 304 were in master’s programmes, and 50 were enrolled in..
European Commissioner for Energy Dan Jørgensen will visit Bulgaria on 28 October, just days after US President Donald Trump imposed sanctions on Russian oil giants Lukoil and Rosneft over Russia’s ongoing aggression in Ukraine, BNR correspondent..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
Overcast, rain
Cloudy
Partly cloudy, chance of rain
Mostly Cloudy