Bulgaria Warned: Gasoline Could Hit €1.50 if Oil Reaches 100 Dollars per Barrel
In Bulgaria, fuel industry experts warn that if oil prices reach USD 100 per barrel, gasoline at the pump could exceed €1.50 per liter.
File photo by EPA/BGNES
Bulgaria will lose one European Parliament seat in 2014, it has been made clear.
The Balkan country will remain with just 17 MEPs .
To comply with the 751-seat limit set by the Lisbon Treaty and make room for Croatia, 12 EU member states would each lose one seat at the next European elections and none would gain any, under the solution adopted by Parliament on Wednesday. This proposal now goes to the heads of state and government in the European Council, who must decide by a unanimous vote.
Parliament currently numbers 754 MEPs. When Croatia joins the EU this year it will be entitled to 12 seats, bringing the total number of MEPs to 766. To comply with the maximum of 751 seats set by the Lisbon Treaty from next year's European elections, 15 seats must be given up.
The allocation of seats for the 2014-2019 parliamentary term "should not be arbitrary but should instead be based on objective criteria to be applied in a pragmatic manner", says the resolution adopted by 536 votes to 111, with 44 abstentions. Demographic changes should be taken into account, while ensuring that "losses are limited to a maximum of one seat per member state", it adds.
The proposed solution means that 12 member states - Austria, Belgium, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Ireland, Latvia, Lithuania, Portugal and Romania - would each lose one seat at the next European elections. The remaining three seats have to come from Germany, whose share must go down from 99 seats to 96, the maximum allowed by the Lisbon Treaty.
EU countries will each have to secure guarantees worth billions of euros for the loan to Ukraine funded by frozen Russian assets, Politico’s Brussels edition reports.
Bulgaria's Minister of Defense Todor Tagarev admitted the possibility that an explosive device might have been planted on board the crashed plane in which Yevgeny Prigozhin was traveling
The European Commission has announced that it is preparing criminal proceedings against Bulgaria, Cyprus, Greece, Malta, and Portugal for incorrect application of the rules on the exchange of data on criminal records and the establishment of the relevant
The European Commission has started an evaluation of the Plan for Reconstruction and Development of Bulgaria, said the spokesman of the European Commission Eric Mamer. The document was submitted to the Commission on 15 October.
58% of Bulgarians do not support the introduction of the euro as the official currency in the country. This shows a study prepared by Trend agency specifically for the financial forum NEXT DIFI 2021, organized by b2b Media for the fifth year. The data dur
Too late Bulgaria began to explain its own position towards North Macedonia, as it should have been clear to our European partners some time ago.
Novinite 2025 in Review: A Year That Tested Bulgaria and the World
A Disgraceful Betrayal: Bulgaria's Shameful Entry into Trump's Board of Peace