Romania and Bulgaria scramble to protect Russian refineries as Trump sanctions loom

Romania and Bulgaria scramble to protect Russian refineries as Trump sanctions loom

Shorouk Express Transition troubles Technically, securing exemptions or appointing a state-backed manager to the refineries shouldn’t be an issue. That said, the worst-case scenario — where the refineries cease operations — would play out very differently for the two countries.  For Bulgaria, where the Russian-owned refinery provides up to 80 percent of the country’s fuel…

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Von der Leyen lends an ear to German industry (again) as climate and trade crunches loom

Von der Leyen lends an ear to German industry (again) as climate and trade crunches loom

Shorouk Express Indeed, just as the CEOs were pouring out their woes to the Commission president, a few floors below, Teresa Ribera, commissioner for a clean industrial transition, was presenting the bloc’s climate targets for 2040. Von der Leyen’s center-right European People’s Party is widely accused of watering down the EU’s environmental agenda in order…

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