United Kingdom Prolongs Lukoil License for Operations in Bulgaria
The United Kingdom has decided to extend the validity of the general license covering Lukoil’s subsidiaries operating in Bulgaria, the Ministry of Energy announced.
EPA/BGNES
''Brexit negotiations are on course to fail unless both Britain and the European Union ditch their winner-takes-all approach to the coming talks'', the former president of the European commission José Manuel Barroso has said.
Barroso also suggested that extremists on both sides of the Channel wanted the UK to break away from the EU entirely.
“I think both sides until now mostly put the issue in terms of a zero-sum game and I think this is not helpful,” he said.
“Of course, Britain not keeping the responsibility of membership cannot expect the privileges of membership, that’s quite clear. Having said that, I think it is possible to come to a constructive agreement that minimises the negative points and offers some way forward. But that requires on both sides strategic thinking and leadership.”
Barroso spoke ahead of the publication of a report on Monday from the organisation that represents British manufacturers, the EEF, saying it would be unacceptable for the British government to come away without a deal.
Recent data from the Tax Foundation reveal a widening gap in Europe between East and West when it comes to tax rates for top earners in 2026.
The eurozone closed 2025 with a strong trade surplus, though slightly lower than the previous year. Preliminary figures from Eurostat show that in December 2025,
German Chancellor Friedrich Merz used his opening address at the Munich Security Conference to deliver one of the bleakest assessments yet of the global environment, declaring that the international order that shaped the postwar era has effectively collap
Romania aims to join the eurozone within three to four years, but recent economic data show the country has slipped into a technical recession.
The European Parliament has approved a €90 billion support package for Ukraine, aimed at addressing the country’s urgent financial and defense needs as Russia’s war of aggression enters its fifth year
Hungarian Prime Minister Viktor Orban has claimed that both the European Union and Ukraine have effectively “declared war” on Hungary following a Politico article outlining plans for Ukraine’s potential early accession to the EU and strategies to bypass H
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