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Bulgaria will receive a postponement of the embargo on Russian oil until June or December 2024, Bloomberg reported, citing a revised draft of sanctions.
According to people familiar with the matter, the European Commission sent a revised proposal to the governments on Saturday, which excludes from the sanctions the supply of oil through the Druzhba oil pipeline, which is the main source of crude oil imports in Hungary.
The proposal will give more time to the opposing country a technical solution to meet its energy needs. It will also address the concerns of other landlocked countries, including Slovakia and the Czech Republic, Bloomberg reports.
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In a significant development, the Russian army has seized control of the pivotal village of Ocheretyne in the Donetsk region of Ukraine, a strategic location crucial for Ukrainian defense efforts
As Bulgaria grapples with a surge in whooping cough cases, Public Health experts offer insights into the situation, assuring the public about the severity of symptoms and emphasizing the importance of vaccination
In a last-minute move, GERB and DPS have put forward amendments to the Law on Gambling aimed at prohibiting the mass advertising of gambling, including on television, radio, and news websites
In a significant update to Bulgaria's identification system, the issuance of new ID cards will come with a higher price tag of BGN 30, compared to the current fee of BGN 18
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
Eurostat data indicates that Greece (161.9%), Italy (137.3%), France (110.6%), Spain (107.7%), and Belgium reported the highest public debt-to-GDP ratios among EU member states by the conclusion of 2023
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
