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
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Interim Regional Minister Spas Popnikolov will discuss the problems of the National Building Sanitation Programme with representatives of the Association of Municipalities and the Bulgarian Development Bank (BDB).
The Association of Municipalities demanded an immediate re-launch of the building sanitation programme on Thursday. They insisted on an emergency meeting with the interim Regional Minister in order to learn more about the reasons for the cabinet’s decision to freeze the programme.
According to the caretaker government, the amount of BGN 2 B allocated for the programme has already been used up and this happened a year ago.
BDB sent letters to mayors to this effect but they only did this at the end of 2016.
Bulgaria has secured a six-month extension of the Lukoil waiver, following a decision by the US Treasury Department’s Office of Foreign Assets Control (OFAC)
The Bulgarian National Bank (BNB) has decided to increase the countercyclical capital buffer to 2.25%, in a move aimed at easing pressure on the rapidly growing housing credit market and strengthening the resilience of the banking system.
Energy expert Boyan Rashev has warned that Europe could be moving toward what he described as an “energy lockdown” scenario if fuel supply pressures continue to worsen
Fuel prices in Bulgaria have continued to edge upward, with diesel and gasoline both registering increases in the days following the Easter holiday
Bulgaria’s tourism sector has never been stronger and has been achieving steady growth for the past few years.
Industrial output in Bulgaria posted a modest monthly increase in February 2026, but continued to decline sharply on an annual basis, according to preliminary, seasonally adjusted data from the National Statistical Institute.
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