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Losses from the EU-Russia mutual economic sanctions introduced in 2014 exceed $ 100 billion, said Wolfgang Behele, head of the German Economic Commission for Eastern Europe, quoted by Komsomol Pravda newspaper.
"About 60% of the losses are for Russia, and about 40% are at the expense of the EU economy," Bechele said. He voiced hope that politicians will think about the desecration of tensions arising from the conflict in Ukraine and the accession of the Crimea to Russia.
European Commission President Ursula von der Leyen has reaffirmed that the most efficient way to fund Ukraine is by using the profits from frozen Russian assets to back a new loan
Russian opposition figures have voiced strong criticism of the European Union’s recent decision to ban multi-entry visas for Russian citizens traveling to the Schengen area
The European Commission is pushing for an EU-wide handling fee on small packages purchased from Chinese online platforms such as Shein, Temu, and Alibaba
GERB leader Boyko Borissov said he was certain that Bulgaria would obtain a derogation related to the application of US sanctions against Russian oil companies Lukoil and Rosneft
Russia has declared its readiness to resume peace negotiations with Ukraine, even as its forces continue to advance around the frontline city of Pokrovsk
The discount on Russian Urals crude compared to Brent reached a one-year high of 19.40 dollars per barrel at the ports of Primorsk and Novorossiysk on 10 November
Prime Minister Rosen Zhelyazkov admitted that he does not consider the draft state budget for 2026 to be a good one, yet described it as the only feasible option under the current geopolitical and domestic circumstances
The Bulgarian government has approved the draft State Budget Act for 2026, along with the updated Medium-Term Budget Forecast for 2026–2028
GERB leader Boyko Borissov said he was certain that Bulgaria would obtain a derogation related to the application of US sanctions against Russian oil companies Lukoil and Rosneft
Starting today, Blagomir Kotsev officially resumes his role as mayor of Varna, putting an end to the period of substitution
Bulgaria is set to receive the third disbursement under the National Recovery and Resilience Plan before the end of the year
Sea trials have begun for Bulgaria’s first multipurpose modular patrol vessel for the Navy, marking another step in the modernization of the country’s maritime defense capabilities
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
