The European Commission will afford Bulgaria an opportunity to continue with the Russian oil deliveries but, at the same time, ways will be sought to diversify imports.
In the words of Deputy Prime Minister and Minister of Finance Assen Vassilev, the Bulgarian economy can hold out for up to 6 months if Russia halts the oil, and if the Bosphorus is closed. During question time in parliament, he pointed out there existed buffers in the budget which can be used for a swift reaction in the event of such a scenario. According to Assen Vassilev, it is in Bulgaria’s national interest that the country obtain a derogation from the oil sanctions on the one hand, and on the other, that it gradually diversify oil suppliers. The construction is envisaged of a motorway, railway and oil pipelines Alexandroupolis-Burgas-Varna-Constanța. As to the company Luikoil Neftohim, Assen Vassilev stated it cannot be nationalized as, legally it is not Russian, but Swiss and is not on the sanctions list.
Only 2 kilometers remain to be built on the Bulgarian side of the railway corridor known as Corridor No. 8, which is intended to connect the Adriatic Sea with the Black Sea through Albania, North Macedonia and Bulgaria, Permanent Secretary of the..
Speaking at the national discussion Access to the labour market in Bulgaria for third-country nationals: challenges and solutions , Deputy Prime Minister Grozdan Karadzhov said that labour shortage is one of the biggest problems the government faces ...
President Rumen Radev intends to refer the matter to the Constitutional Court. But this will not affect the expected report from the European Commission on the country's readiness to join the eurozone, the Speaker of the National Assembly Natalia..
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The Trade Union of Bulgarian Medical Specialists has declared readiness for protest actions and an effective strike, according to a statement published..
55% of Bulgarians do not feel informed about the introduction of the euro in Bulgaria, while 41% express the opposite opinion, according to a..
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