EU Population Trends: Bulgaria Sees Largest Decrease
As of January 1, 2023, the European Union (EU) has a population of 448.8 million people. Germany is the most populous EU country, with 84.4 million residents (19% of the EU total),
Bulgarians' hopes that Russia's Lukoil, owner of the country's only oil refinery, may agree to extend the one-month freeze on retail fuel prices, which expired during the Easter holidays, have proved unrealistic.
On a day when Sofia saw several hundred drivers protest against the spike in fuel prices, with smaller rallies in other Bulgarian cities, Lukoil Bulgaria increased the wholesale prices, which led to immediate hikes at the gas stations.
The most widely used fuel A 95 is selling at BGN 2.34 per liter (up from BGN 2.28) as of Thursday morning.
At the end of March Bulgaria's center-right government convinced Lukoil Bulgaria to place a one-month moratorium on the increase of its gas and diesel prices as part of efforts to tame the spike in petrol costs, linked to the increase in global crude oil prices.
The agreement was reached after car marches across the country protested against recent fuel price hike.
The moratorium expired on April 23, Saturday. It was in force for only 29% of the retail fuel market, which is the share held by Lukoil Bulgaria gas stations.
The moratorium has fueled suspicions of very close ties between Bulgaria's Prime Minister Boyko Borisov and the head of Lukoil Bulgaria Valentin Zlatev, whom the opposition has described as "the country's back seat ruler" and "the oil oligarch, who pulls the strings of the government".
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU