After a landslide victory by Progressive Bulgaria headed by the ex-president Rumen Radev, there is speculation about Bulgaria taking Hungary's place as the chief Russian ally inside the European Union. Bulgarian netizens and activists offered some insight about it on social media.
Category: Bulgaria
Akin to Moscow, Serbia also does not believe in tears
Even with the problems arising from the US sanctions imposed on the Russian-owned Serbian Oil Industry (NIS), the debate surrounding it and Serbia's foreign policy remains focused on keeping close to Russia in order to achieve nationalist and revanchist goals of the past.
OFAC stopped the sale of Serbia’s NIS subsidiary companies in Romania, Bulgaria and Bosnia and Herzegovina
The Serbian Oil Industry NIS, faces additional problems due to sanctions resulting in closed gas stations and blocked accounts across Romania, Bulgaria, and Bosnia and Herzegovina. Cumulatively, losses amount to around 360 million euros, burdening Serbian taxpayers and shareholders, while attempts to sell subsidiaries have stalled due to OFAC sanctions.
Serbianism 