Bulgaria Links Defense Modernization with Economic Stimulus
Bulgaria is moving forward with plans to modernize its armed forces
Delyan Peevski, chairman of "DPS - New Beginning," has urged the Bulgarian government to consider purchasing Lukoil, asserting that the state should take control of the company to ensure affordable fuel for the nation. He emphasized that the acquisition would be most beneficial if the state holds a golden share. Peevski pointed out that the government could pursue a partnership for the operation of Lukoil or manage it independently. He estimated that the state could acquire Lukoil with a loan of approximately 3 billion leva, including 20% co-financing from banks, with state guarantees in place. This investment would be paid off over time, benefiting the public by lowering fuel prices.
Peevski also acknowledged that the temporary shutdown of Lukoil for repairs could potentially be a strategic move by Russia aimed at provoking Bulgaria.
Meanwhile, Radostin Vassilev, leader of the "Morality, Unity, Honor" (MECH) party, reiterated his stance on the need to nationalize Lukoil. Vassilev announced that he would again propose the nationalization of the Lukoil refinery, its infrastructure, and its gas stations to the National Assembly. His goal is for Bulgaria to regain control over a critical national asset and generate several billion leva annually from it, thereby supporting the state budget and alleviating the financial challenges the country currently faces. Vassilev also highlighted the importance of ensuring that fuel prices remain stable, preventing significant increases that could burden the Bulgarian population.
Source: BNR
Borislav Sarafov will continue to serve as acting Prosecutor General beyond July 21, despite the expiration of the six-month legal term for temporary appointments to the top posts in the judiciary
The investigation targeting Varna Mayor Blagomir Kotsev was condemned as politically motivated during a press conference held today in the coastal city
Kostadin Kostadinov, leader of "Revival", and Ivelin Mihaylov from "Greatness" both suggested that MP Delyan Peevski - who is under US "Magnitsky" sanctions - played a role in the recent arrest of Varna mayor Blagomir Kotsev
From the floor of the National Assembly, GERB MP Toma Bykov delivered a formal declaration on behalf of his parliamentary group, welcoming Bulgaria’s upcoming accession to the eurozone
Speaking from the rostrum of the National Assembly, “Revival” party leader Kostadin Kostadinov delivered a sharply critical speech in response to the European Parliament and the European Commission
Varna Mayor Blagomir Kotsev was detained by police late Tuesday night following actions connected to an investigation
Borderless Bulgaria: How Schengen Benefits Are Transforming Trade and Logistics
Bulgaria's Mortality Rate Remains Highest in Europe