Following a decision of Bulgaria’s Parliament, excess profits earned from fuels produced with cheaper Russian oil will be subject to taxation. Consumers are to receive the price margin between the cheap Russian Urals crude, processed by Lukoil Neftohim oil refinery in Burgas, and the fuel sold at a price similar to the price of fuel produced with Brent crude (which is more expensive).
"Lukoil will give 70% of the price margin between the two types of crude (Urals and Brent) to the Electricity System Security Fund. Later, the funds will be used to compensate transport users. The financial assistance will be based on social criteria.
The liberalisation of electricity prices for households has been postponed indefinitely. Even after 1 July, the Energy and Water Regulatory Commission (EWRC) will continue to set the price, as MPs approved amendments to the Energy Act in the second..
The nationalist party is holding an event at the National Palace of Culture (NDK) in Sofia today at 6:30 pm, which is being promoted as a discussion on 'saving the lev' (the Bulgarian currency - ed.) Among the participants will be the party’s MEP..
The Minister of Economy and Industry, Petar Dilov, met with Chris Barton, His Majesty's Trade Commissioner for Europe , who is currently visiting Bulgaria on an official trip. The meeting was also attended by His Excellency Nathaniel Copsey, the United..
For the third day in a row, Sofia will remain without ground public transport, the Center for Urban Mobility announced on its Facebook page. After a..
The idea of a referendum on the euro is supported by 63.3% of Bulgarians and 35.3% are "against". This is shown by an independent poll by the Myara..
The protest of the workers in Sofia's public transport, which has blocked the capital since the morning, is still ongoing , the chairman of the..
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