Is Bulgaria Quietly Preparing to Take Over Lukoil? New Budget Move Raises Big Questions
Bulgaria is moving toward a framework that would allow the state to take part in a possible acquisition of Lukoil’s Bulgarian operations
HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
The Council of Ministers has proposed that Parliament ratify a guarantee for the EUR 100 M withdrawn by the Bulgarian Development Bank (BDB) from Germany’s KfW, reported the government’s press centre.
The credit contract is part of a series of loans of BDB with which it secures funds from international banks for the implementation of the National Energy Efficiency Programme for multi-family residential buildings.
The ratification of the guarantee, payable on first demand, is a precondition for the granting of the funds.
The option of issuing a guarantee has been stipulated in the State Budget Act for 2016.
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Bulgaria’s new government borrowing for 2026 has surpassed the 1 billion euro mark following the latest successful auction of state securities, according to data cited from the Bulgarian National Bank
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
In the 2026 edition of the Index of Economic Freedom, compiled by the Heritage Foundation, Bulgaria is placed 38th out of 176 countries, positioned between Costa Rica and Oman
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began