Podcast in English
Text size
Bulgarian National Radio © 2026 All Rights Reserved

President Rumen Radev: Congratulations to the cabinet for curbing inflation 

Rumen Radev
Photo: Press Service of the Presidency

President Rumen Radev congratulated the caretaker cabinet for curbing inflation. He told journalists that since last night the price of petrol has been lower than 3 leva (1.5 euro) and this is the beginning of a process. 

"The reduction of fuel and gas prices by 30% for the next month are real results achieved with effort and hard work. When a government works in the interests of business and people, the results are there," the Head of State further said. 

Referring to the discussions at the European level on possible limitation of gas and electricity consumption, Rumen Radev said that as long as there is a caretaker cabinet, there will be no limit over electricity consumption. "Bulgaria is a producer and exporter of electricity and Bulgarians will not stay in the dark," he was adamant. The President attended the opening of the academic year of the Higher School of Telecommunications and Post in Sofia.

The main task of the caretaker cabinet is not to limit consumption and production, but to look for the cheapest raw materials, regardless of where they come from, and to ensure the best conditions for businesses and citizens, who are the poorest in the EU, Rumen Radev said after the event. 

Speaking about the government's negotiations with Gazprom, he said, "Gazprom is not a panacea, it is one of the options and they owe us gas supplies." The President clarified that this can only be a solution if the government's conditions for rescheduling supplies throughout the heating season and better prices are met.


Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Ivelin Mihaylov

Bulgaria’s Anti-Corruption Commission probes 'Velichie' party in major property fraud case

Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..

published on 11/26/25 2:30 PM
Boyko Borissov

Borissov cites EU defence adjustment to claim a 2026 deficit of 2.7%

The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget .  Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..

published on 11/26/25 2:15 PM

Agriculture and forestry workers protest for higher salaries

Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..

published on 11/26/25 12:34 PM