Bulgaria Warned: Gasoline Could Hit €1.50 if Oil Reaches 100 Dollars per Barrel
In Bulgaria, fuel industry experts warn that if oil prices reach USD 100 per barrel, gasoline at the pump could exceed €1.50 per liter.
The “People Shop” (Magazini Za Horata) initiative in Bulgaria will operate by renting commercial spaces or sections within existing stores owned by the Central Cooperative Union. According to Agriculture Minister Georgi Tahov, the products sold there will carry distinct branding and unique barcodes, clearly identifying them as part of this project. At this stage, there are no plans to purchase retail outlets outright. The ministry has allocated BGN 10 million from the state budget to establish the company.
The “People Shop” will focus on offering socially important and essential goods, particularly those included in the small consumer basket tracked by the National Statistical Institute. Given limited initial funding, the product range will start modest but is expected to expand over time.
The pilot store in Plovdiv will primarily feature food products sourced from local producers or nearby regions. Selection criteria also include goods produced under Bulgarian standards (BDS), certified according to approved regulations, or bearing protected designations related to origin or geographic indication.
The ministry is also exploring cooperation with the stock exchange in the village of Ognyanovo, where parties have expressed interest in signing contracts to support short supply chains.
Furthermore, plans are underway to develop a digital platform that will help organize and coordinate farmers, processors, and other stakeholders interested in joining the commercial network serving the “People Shop.”
Minister Tahov emphasized that this project is a new venture for the Ministry of Agriculture, requiring a detailed timeline for preparing necessary documentation and consultations with experienced partners and retail operators, since the ministry does not possess its own network of stores.
On Friday, March 6, Bulgaria will experience varying weather across its regions. In the eastern part of the country, skies will remain mostly cloudy, with light rain possible in some areas during the afternoon
In Razlog, medical staff faced two unusual cases within a single week, where broken limbs of young children were immobilized using cardboard instead of proper splints.
Google Street View cars are back on Bulgarian roads, starting a new mapping tour that will span from March 5 until the end of October.
Unemployment across the euro area reached a new historic low in January 2026, easing to 6.1% from 6.2% in December 2025, according to Eurostat. At EU level, the jobless rate also edged down, standing at 5.8% compared with 5.9% a month earlier.
A government aircraft arriving from Abu Dhabi touched down at Sofia Airport at around 2.30 a.m., carrying evacuated Bulgarian nationals.
At Karlovo station, Martin Angelov, executive director of "Holding BDZ" EAD, officially unveiled the latest addition to Bulgaria’s railway fleet - the “Smartron” electric locomotive named after the national hero Vasil Levski. The locomotive is set to begi
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