President Rumen Radev has referred the "overhasty" termination of Lukoil’s concession of Port Rosenets to the Constitutional Court, the presidential press centre has announced.
“The way the legislative changes for terminating the concession of Port Rosenets were made - at lightning speed – is contrary to the principle of rule of law which underlies the Constitution, it is also an example of an irresponsible attitude to the state and to citizens,” the press release reads.
According to Rumen Radev, the decision fails to comply with the interests of consumers and the risks of a rise in fuel and commodity prices, nor does it take into account the potential threats to the thousands of jobs in the petrochemical plant, or possible legal action against Bulgaria.
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
On Thursday, minimum temperatures will range between 6 and 11°C across the country. Along the Black Sea coast, they will reach 13 to 16°C , while in Sofia..
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