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Bloomberg: Bulgaria to get a transition period until June or December 2024 to phase out imports of Russian oil

According to the European Union’s revised draft on sanctions against Russia, Bulgaria would get a transition period until June or December 2024 to phase out imports of Russian oil, Bloomberg reports. Croatia will get an exemption for imports of..

29.05.22 11:21 |

Germany supports Bulgaria‘s calls for derogation from oil import ban

During his official visit to Germany, President Rumen Radev met with his counterpart Frank-Walter Steinmeier in Berlin, as well as with German Chancellor Olaf Scholz. "We have full understanding from Germany when it comes to our calls for..

16.05.22 18:36 |
Minister of Finance Assen Vassilev

If Russian oil is halted and Bosphorus is closed, Bulgaria can hold out for 6 months: Finance Minister Assen Vassilev

The European Commission will afford Bulgaria an opportunity to continue with the Russian oil deliveries but, at the same time, ways will be sought to diversify imports. In the words of Deputy Prime Minister and Minister of Finance Assen..

13.05.22 14:43 |

Moscow sanctions Bulgarian company trading with Russian gas

Russia has imposed sanctions against 31 companies involved in the trade, transmission and storage of Russian natural gas in the E uropean U nion , Great Britain, the United States and Switzerland.  WIEE Bulgaria EOOD, which owns a large..

12.05.22 09:10 |
Radoslav Ribarski

Bulgaria wants to be excluded from EU sanctions on import of Russian oil

There is no official response to Bulgaria’s request to be excluded from the embargo on the imports of Russian oil to the EU, Radoslav Ribarski, chair of the National Assembly’s energy committee and MP from We Continue the Change party, one of..

07.05.22 12:53 |
Pro-Russian supporters prevented an initiative to wrap Soviet army monument in Sofia  in Bulgarian and Ukrainian flags

European Commission proposes phasing out of import of Russian oil by end-year

The Russian forces are opening a humanitarian corridor on May 5, 6 and 7, from 8 AM until 6 PM Moscow time, for the evacuation of civilians from the Azovstal steel mills in Mariupol, the Russian TASS reports. Ukranian President Volodymyr..

05.05.22 09:23 |
European Commissioner for Energy Kadri Simson

EU: Payment for Russian gas in rubles violates EU sanctions

On May 3 in Strasbourg the European Commission is to discuss the 6 th package of sanctions against Russia because of the war it is waging in Ukraine. On May 4 the proposal will be presented to the member countries for approval. The EU..

03.05.22 09:06 |
Ursula von der Leyen and Volodymyr Zelensky gave a press conference together

Ursula von der Leyen offers Ukraine fast-track EU membership

“Russia will descend into economic, financial and technological decay, while Ukraine is marching towards the European future,” European Commission President Ursula von der Leyen said during her visit to Kyiv, together with the EU’s High..

09.04.22 09:38 |
Of the 193 members of the UN General Assembly, 93 voted in favour of removing Russia from the UN Human Rights Council

EU will allocate another half a billion euros to Ukraine for weapons

European Commission President Ursula von der Leyen will visit Kyiv on April 8 to show what she says is Europe's "unwavering support" for Ukraine. The EU has imposed an embargo on coal imports from Russia and banned Russian ships from accessing the..

08.04.22 09:18 |
Ukraine, Borodyanka near Kyiv, 5 April 2022

New sanctions against Russia and new military aid to Ukraine

Ukrainian President Volodymyr Zelensky called on the UN to "act immediately" or "dissolve completely" during a speech showing shocking footage of corpses - including children - which he said were victims of the Russian military. Zelensky called on the..

06.04.22 09:13 |
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