It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy expert and former Deputy Minister of Energy Elenko Bozhkov and Ruslan Stefanov, Chief Economist of the Center for the Study of Democracy, during their interview for the BNR. According to Ruslan Stefanov, the company should be placed under special supervision. "The proceeds from the sale of the company should be frozen, as Bulgaria is part of the EU’s sanctions policy, and they should be used for the reconstruction of Ukraine and for covering future claims of Bulgaria against Russia, which has violated a series of agreements with Bulgaria", Ruslan Stefanov said.
At the end of 2023, Lukoil announced that it had begun reviewing its asset strategy in Bulgaria, including the possibility of selling its refinery there due to significant changes in operating conditions.
On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian..
Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..
The two most sought-after currencies by Bulgarians in 2024 remain the US dollar and the euro, just as in 2023. The Turkish lira, the Romanian leu and the Serbian dinar were also very popular, followed by the British pound and the Swiss franc. This was..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all..
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