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.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
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..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
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