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

Amendments to the draft budget hint at state's readiness to buy Lukoil assets

Two billion euros in additional state guarantees and a concession of the Bulgarian Sports Totalizator are part of changes to the draft budget for 2026, submitted between the first and second readings. The change that increases the..

published on 11/25/25 4:47 PM

More than 86% of people say that wage growth in 2025 is not sufficient

The increase in the minimum wage is supported by 54.1% of Bulgarians. 1/3 of respondents believe that the minimum wage should be equal to the living wage. This is indicated by the results of a representative survey by the Myara..

published on 11/25/25 1:19 PM

President Rumen Radev: Peace in Ukraine will be written by the victors

“We see a rational plan for a quick peace from President Donald Trump, according to which the situation on the battlefield is developing extremely unfavorably for Ukraine, and he is trying to prevent a worse scenario and additional casualties,”..

published on 11/25/25 11:14 AM