The G-7 is considering the possibility of imposing a price cap on Russian crude oil, transported by sea, in the range of 65-70 US dollars per barrel, BTA reported. The topic was also discussed with the representatives of the 27 EU Member States with the idea of reaching a common position. Opinions in the EU vary, with some countries calling for much lower prices and others for higher ones. The purpose of the discussions is to introduce a price cap on Russian oil exported by sea, which will come into force on December 5. The decision is part of sanctions that are supposed to limit Russia's revenue from oil exports so that it has less money to finance its military actions in Ukraine.
Meanwhile, work on restoring electricity supply started in a number of regions in Ukraine, after three out of four operating nuclear power plants in the country were disconnected from the electricity grid. In many places, including the capital city of Kyiv, work is focused on repairing critical infrastructure. In the region of Zaporizhzhia, electricity has been restored. According to the Ministry of Energy, in addition to the nuclear power plants, many of the thermal power plants and hydropower plants were also disconnected from the network, which aggravated the situation even further.
After the Russian missile attack yesterday, 80% of households in Kyiv do not have water and electricity, BTA informs. The television broadcast network, the electricity transmission network and the water supply have been affected. Electrified buses do not run due to power shortages and metro trains run at long intervals. There is also a problem with the Internet connection throughout Ukraine. In places where web access is available, mobile operators complain of capacity overload. Power and water supply in the city are expected to be restored today.
A day before the boycott of supermarket chains due to high prices announced for February 13, the Bulgarian Industrial Capital Association and the Association of Dairy Processors signaled that over the past year the mark-up on dairy products has..
The mayor of Tutrakan, Dimitar Stefanov, and the mayor of the Romanian town of Oltenitsa, Mihăiță Beștea, have signed documents urging the two municipalities to work together to launch a ferry line across the Danube. The first services are expected to..
A photograph in the media of Minister of Labour and Social Policy Borislav Gutsanov (Bulgarian Socialist Party), MEP Kristian Vigenin (Bulgarian Socialist Party) and former PM Simeon Saxe-Coburg-Gotha attending a conference, organized by the Russian..
Experts from the Royal Netherlands Police are in Sofia for a series of trainings for their Bulgarian colleagues from the Border Police in the field of..
A photograph in the media of Minister of Labour and Social Policy Borislav Gutsanov (Bulgarian Socialist Party), MEP Kristian Vigenin (Bulgarian..
With 197 votes “for”, the National Assembly unanimously approved, at first reading, a full ban on the import, trade in, supply, distribution and sale,..
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