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
HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
Workers at the waste management company in Vidin launch a strike on account of unpaid salaries.
Ot of all 114, 103 people have started the effective protest Wednesday, as reported by the Bulgarian National Radio.
They have not received their salaries for 8 months now. Additionally, the agreement between the syndicates and the employer for the payment of the delayed amounts has not been complied with.
''The situation is unbearable,'' said Snejanka Nikolova, who has been working for the company over the past twelve years now. ''There is nothing to eat. We are gathering our last coins to get a loaf of bread in the store. We just can't take it any more.''
For the period of the strike, only the areas around hospitals, mnedical facilities, schools and kidergartens will be cleaned.
''With all the taxes and pension insurances, salaries that are due to be paid in Vidin, the sum amounts to BGN 750, 000,'' said waste management company representative Valeri Yordanov. ''The cash payments that our company still needs to receive from the Vidin municipality is BGN 1,4 M.''
The Vidin municipality denied owing money to the waste management company. It was, however, stated that the money the municipality has transferred have probably been stopped at the National Revenue Agency, on account of unpaid taxes.
Acting Energy Minister Traycho Traykov said Bulgaria should not tap into its 90-day fuel reserves to ease prices, stressing that they must remain a safeguard in case of an actual supply disruption
Bulgaria has secured a six-month extension of the Lukoil waiver, following a decision by the US Treasury Department’s Office of Foreign Assets Control (OFAC)
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.
Energy expert Boyan Rashev has warned that Europe could be moving toward what he described as an “energy lockdown” scenario if fuel supply pressures continue to worsen
Fuel prices in Bulgaria have continued to edge upward, with diesel and gasoline both registering increases in the days following the Easter holiday
Bulgaria’s tourism sector has never been stronger and has been achieving steady growth for the past few years.
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began