European Union leaders agreed to embargo most Russian oil imports into the bloc by year-end as part of the new sanctions on Moscow. According to the EU Council President Charles Michel, the agreement covers more than two-thirds of oil imports from Russia. European Commission President Ursula Von der Leyen said the move “will effectively cut around 90% of oil imports from Russia to the EU by the end of the year.”
Hungarian Prime Minister had made clear he could support the new sanctions only if his country’s oil security was guaranteed.
Bulgaria was given an exemption until 2024 from the EU embargo on Russian oil.
The EU leaders agreed to provide Ukraine with more than EUR 9 billion to support Kyiv’s immediate liquidity needs.
The special meeting of the European Council continues on May 31.
The final decisions on Bulgaria's accession to the eurozone on January 1 next year are being voted on today by the European Parliament in Strasbourg and the Council of EU in Brussels after a process that has lasted for decades...
Eurogroup finance ministers confirmed on Monday that the euro- lev exchange rate would remain unchanged after Bulgaria joins the eurozone. This was announced by President of the Eurogroup Paschal Donohoe. Today, the European Parliament in Strasbourg..
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026. Today, the EU Council in its ECOFIN format (which includes the countries that have adopted..
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
During its plenary session in Strasbourg today, the European Parliament is scheduled to vote on Bulgaria’s accession to the eurozone on 1 January 2026...
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