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.
At a briefing before leaving for the summit of the European Political Community in Tirana, Albania, Bulgarian Prime Minister Rosen Zhelyazkov thanked the pro-European majority in the National Assembly. He recalled that all governments since 1997 have..
The Danish Minister for European Affairs, Ms Marie Bjerre, is visiting Bulgaria and the region ahead of Denmark's upcoming EU Presidency, which begins in July. During her visit, Ms Bjerre and Ms Nevena Lazarova, the Deputy Minister of Economy,..
Booker Prize winner Georgi Gospodinov will will be guest at the International Book Fair in Prague on 16 May at 5 p.m., as announced by the Zhanet 45 publishing house. He will present his novel Time Shelter , published in the Czech Republic as..
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 leader of “Vazrazhdane”, Kostadin Kostadinov, told journalists in the National Assembly that President Rumen Radev should ask the Constitutional..
The protest of ground public transport workers in Sofia continues for a second day with demands for higher wages. Protesters are demanding a salary..
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