Is Russian Oil Flowing to Bulgaria in 2026?
Bulgaria's only oil refinery, Lukoil Neftochim Burgas, processed Russian crude for most of its post-Soviet history. Since March 2024, that has been banned by law
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Bulgaria’s FinMin Petar Chobanov will participate in the Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington on October 11 - 13.
Minister of Finance Petar Chobanov, Governor for Bulgaria in WBG, will take part in the regular Annual Meetings of the Board of Governors of WBG and the Board of Governors of IMF.
Minister Chobanov will participate in the meetings of the Dutch Constituency Group of countries in the IMF and the World Bank Group (WBG), to which Bulgaria belongs.
Bulgaria’s Financial Minister will have meetings with representatives of different international financial institutions, large investment banks, central banks and senior management teams of IMF and WBG.
Bulgarian National Bank Governor and Governor for Bulgaria in the IMF, Ivan Iskrov and BNB Deputy Governor Tsvetan Gunev will join Chobanov as members of the Bulgarian delegation.
The Bulgarian National Bank (BNB) has decided to increase the countercyclical capital buffer to 2.25%, in a move aimed at easing pressure on the rapidly growing housing credit market and strengthening the resilience of the banking system.
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Bulgaria’s new government borrowing for 2026 has surpassed the 1 billion euro mark following the latest successful auction of state securities, according to data cited from the Bulgarian National Bank
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
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