Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Minister of Finance does not expect fuel price rise caused by the conflict in the Middle East

Photo: BTA

The state has enough financial reserves for unforeseen expenses despite the deepening conflict in the Middle East, Minister of Finance Assen Vassilev has told BNR. He does not expect a shock rise of fuel prices but if it happened, there would be a reaction. "Most probably some kind of compensatory measures for the citizens will have to be introduced so that the price is not an excessive burden for them. However, this is an unlikely scenario at the moment," the minister added.

Speaking about the request of GERB and MRF that Bulgaria should stop importing Russian oil by the end of this year, which differs from the decision adopted in the National Assembly that the derogation for Lukoil should continue until October 2024, Assen Vassilev said that there were no guarantees whether the refinery in Burgas would be able to secure sufficient reliable supplies.



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

Cold morning, sunshine expected during the day

Wednesday's minimum temperatures will be 1–6°C , with Sofia at 1°C. Some lowland areas may have reduced visibility in the morning. It will be mostly sunny during the day, with a light to moderate south-westerly wind. Maximum temperatures will reach..

published on 10/28/25 7:05 PM

Switzerland supports Bulgaria's migration policies with over 21 million Swiss Francs

Switzerland is providing financial assistance worth 21,350,000 Swiss Francs to support Bulgaria's migration policies. "As EU's external border we have the responsibility to prevent the entry of persons who may pose a security threat, and on the other..

published on 10/28/25 6:50 PM

Draft Budget Signals Lower Minimum Wage but Higher Pension Contributions

Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code , BNR “Horizont” reports. According to sources, the minimum wage will be €605 rather than €620 (BGN..

published on 10/28/25 4:48 PM