The state has enough financial reserves for unforeseen expenses despite the deepening conflict in the Middle East, Minister of Finance Assen Vassilev has told BNR. He does not expect a shock rise of fuel prices but if it happened, there would be a reaction. "Most probably some kind of compensatory measures for the citizens will have to be introduced so that the price is not an excessive burden for them. However, this is an unlikely scenario at the moment," the minister added.
Speaking about the request of GERB and MRF that Bulgaria should stop importing Russian oil by the end of this year, which differs from the decision adopted in the National Assembly that the derogation for Lukoil should continue until October 2024, Assen Vassilev said that there were no guarantees whether the refinery in Burgas would be able to secure sufficient reliable supplies.
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
At a ceremony at the Vytautas Magnus University in the Lithuanian city of Kaunas , the rector of Sofia University “St. Kliment Ohridski”, Prof. Georgi Valchev, accepted the rotating presidency of the international university alliance..
In September, Bulgaria was mentioned as a country connected with dangerous food 7 times, indicate data of the European Rapid Alert System for Food and..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
The legal heirs of the people who lost their lives during the flooding in the region of Burgas at the beginning of October will receive 15,000 leva (EUR..
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