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Economy

The Future of Lukoil: Bulgarian Government with Measures for the Fate of the Refinery in Burgas

The Bulgarian government moved quickly on Friday to propose urgent amendments expanding the authority of the special administrator overseeing the Lukoil refinery in Burgas. The draft legislation, submitted by the parliamentary majority, immediately triggered tension with the opposition, which...
Чете се за: 07:57 мин.
The Future of Lukoil: Bulgarian Government with Measures for the Fate of the Refinery in Burgas
Assen Vassilev of WCC-DB: Gunvor’s withdrawal from the Lukoil deal puts Bulgaria in a difficult position
Assen Vassilev of WCC-DB: Gunvor’s withdrawal from the Lukoil deal puts Bulgaria in a difficult position
The news of Gunvor’s withdrawal from the deal to acquire Lukoil’s overseas assets is “deeply concerning”, as the Bulgarian government had effectively been hoping for the...
Чете се за: 04:50 мин.
Main Tender Phase for Construction of Sofia Airport’s Terminal 3 Begins (PHOTOS)
Main Tender Phase for Construction of Sofia Airport’s Terminal 3 Begins (PHOTOS)
Sof Connect has announced the start of the prequalification stage in the tender procedure for the “Design and Construction of the New Terminal 3, Forecourt Area, Transport Hub and...
Чете се за: 02:30 мин.
Bulgaria on the Threshold of the Euro: The Country Is Ready to Adopt the New Currency from 1 January (OVERVIEW)
Bulgaria on the Threshold of the Euro: The Country Is Ready to Adopt the New Currency from 1 January (OVERVIEW)
Bulgaria is ready to adopt the euro, and more than 51% of the population support joining the eurozone. With 57 days remaining until the country switches to the single European currency, key global...
Чете се за: 07:52 мин.
State Budget 2026 Parameters Draw Sharp Criticism from Opposition, Unions and Employers
One day after the Cabinet unveiled the parameters of Bulgaria’s 2026 draft state budget, sharp criticism has erupted from the opposition,...
Чете се за: 07:27 мин.
Budget and Finance Committee of the National Council for Tripartite Cooperation Meets to Discuss the Parameters of Next Year’s Budget
The Budget and Finance Committee of the National Council for Tripartite Cooperation is meeting to discuss the parameters of next year’s...
Чете се за: 02:15 мин.
Bulgaria on the Threshold of the Eurozone: Where and How Bulgarian Euro Coins Are Minted?
For the first time on BNT, samples of the Bulgarian euro coins were presented. Stefan Tsvetkov, Chief Cashier of the Bulgarian National Bank...
Чете се за: 07:05 мин.
Preparing for the Euro: Banks Now Supplying New Currency to Retailers
Major retailers are now awaiting their first deliveries of euro banknotes, with distribution beginning today, November 3. But how will...
Чете се за: 06:22 мин.
ECB President Christine Lagarde and IMF Managing Director Kristalina Georgieva Arrive in Sofia for the Conference “Bulgaria on the Doorstep of the Eurozone”
ECB President Christine Lagarde and IMF Managing Director Kristalina Georgieva Arrive in Sofia for the Conference “Bulgaria on the Doorstep of the Eurozone”
A conference titled “Bulgaria on the Doorstep of the Eurozone” will bring together...
Чете се за: 01:20 мин.
State Budget 2026: The First in Euros, with Record Revenues and Expenditures
State Budget 2026: The First in Euros, with Record Revenues and Expenditures
Just minutes ago, the Ministry of Finance published the draft state budget for 2026 – the...
Чете се за: 01:20 мин.
Summer 2026: Early Bookings Rise for Bulgaria’s Northern Black Sea Coast
Summer 2026: Early Bookings Rise for Bulgaria’s Northern Black Sea Coast
Early bookings for holidays on Bulgaria’s northern Black Sea coast have risen by 10%...
Чете се за: 04:50 мин.
Bulgaria Moves to Curb Fuel Exports to Prevent Price Speculation
Bulgaria Moves to Curb Fuel Exports to Prevent Price Speculation
Bulgaria is temporarily restricting the export of petroleum products in a bid to prevent price...
Чете се за: 07:52 мин.
Sharp Rise in New Deposits, Particularly in Euros, Central Bank Data Shows
Sharp Rise in New Deposits, Particularly in Euros, Central Bank Data Shows
Statistics from the Bulgarian National Bank (BNB) reveal a sharp increase in newly opened...
Чете се за: 06:15 мин.
'Lukoil' Set to Sell Its Foreign Assets to Gunvor, Burgas Refinery Is Part of the Deal
'Lukoil' Set to Sell Its Foreign Assets to Gunvor, Burgas Refinery Is Part of the Deal
Russian oil giant Lukoil is set to sell its foreign assets to the Cyprus-registered energy...
Чете се за: 03:05 мин.
Bulgarian Carrier “GullivAir” Appointed to Operate Air Routes to Pakistan
Bulgarian Carrier “GullivAir” Appointed to Operate Air Routes to Pakistan
The government has designated the Bulgarian airline GullivAir Ltd. to operate two air routes...
Чете се за: 00:47 мин.
Fitch Ratings Confirms Bulgarian Development Bank Credit Rating at ‘BBB+’ with Stable Outlook
Fitch Ratings Confirms Bulgarian Development Bank Credit Rating at ‘BBB+’ with Stable Outlook
The international rating agency Fitch Ratings has confirmed the long-term credit rating of the...
Чете се за: 01:42 мин.
Cost of Living: 2,785 BGN Net Monthly Income Needed To Support a Family with One Child
Cost of Living: 2,785 BGN Net Monthly Income Needed To Support a Family with One Child
The “net” wage needed to cover living expenses after taxes and social security...
Чете се за: 02:30 мин.
Bulgaria and Rheinmetall Sign Agreement to Build Gunpowder and Ammunition Plant
Bulgaria and Rheinmetall Sign Agreement to Build Gunpowder and Ammunition Plant
German defence giant Rheinmetall and the Bulgarian government have launched a strategic €1...
Чете се за: 05:15 мин.
Bulgaria Could Reach 70% of the EU’s Average Standard of Living Within Two Years
Bulgaria Could Reach 70% of the EU’s Average Standard of Living Within Two Years
Within the next two years, Bulgaria could achieve 70% of the average standard of living in the...
Чете се за: 04:22 мин.
Chair of BICA: “The issue with the refinery in Bulgaria is anything but harmless”
Chair of BICA: “The issue with the refinery in Bulgaria is anything but harmless”
Rumen Radev, former Minister of Energy and Chair of the Board of the Bulgarian Industrial...
Чете се за: 03:22 мин.
Record Sales of New and Used Cars in the Country
Record Sales of New and Used Cars in the Country
Car dealers across Bulgaria are reporting a surge in both new and second-hand car sales. Over...
Чете се за: 02:50 мин.
Record Price: Smilyan Beans Reach 25 BGN per kg
Record Price: Smilyan Beans Reach 25 BGN per kg
At the festival of the Smiljan beans, which was on Saturday, the delicate variety called "bean"...
Чете се за: 03:22 мин.
Bulgaria and Rheinmetall Sign Strategic Deal to Build Gunpowder and Ammunition Factory
Bulgaria and Rheinmetall Sign Strategic Deal to Build Gunpowder and Ammunition Factory
The Bulgarian state and the German technology group Rheinmetall are set to announce the launch...
Чете се за: 02:25 мин.
EU Court: The Formula for Calculating Proportional Distribution in Heating Bills in Bulgaria Should Be Rewritten – It Is Neither Accurate nor Transparent
EU Court: The Formula for Calculating Proportional Distribution in Heating Bills in Bulgaria Should Be Rewritten – It Is Neither Accurate nor Transparent
The mathematical formula used to calculate the so-called proportional distribution in heating...
Чете се за: 05:55 мин.
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