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

GERB, MRF and PP/DB reach agreement on national budget and on Russian oil

L-R: Assen Vassilev (PP/DB), Temenuzhka Petkova (GERB), Jordan Tzonev (MRF), Desislava Atanasova (GERB) giving a briefing, 17, November, 2023
Photo: BGNES

The parliamentary groups of We Continue the Change/Democratic Bulgaria (PP/DB), GERB/SDS and the Movement for Rights and Freedoms (MRF) reached agreement on the parametres of the national budget for 2024, at a meeting attended by Finance Minister Assen Vassilev (PP/DB). The principal change is that the budget expenditure will be cut down by 2.4 billion Leva (a little over EUR 1.2 billion), the planned sum that should come from Gazprom for the transit of Russian gas. This will make the budget more realistic.

Agreement was also reached that the derogation for Russian oil shallbe abolished in two steps – as of 1 January when the export quotas will be done away with, and as of 1 March when the derogation will be scrapped altogether.

On Wednesday, 22 November, GERB/SDS and the MRF are going be in parliament and are going to vote against the motion of no confidence in the government of Nikolai Denkov, submitted by the opposition over national security and defence.



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

Car Speed ​​Show will take place in Sofia on September 27-28

Car Speed ​​Show 2025 will take place on September 27 and 28 at Arena 8888 in Sofia. The automotive and lifestyle exhibition will bring together sports, luxury and collector cars, motorcycles and yachts, innovative products for the automotive industry,..

published on 9/27/25 7:10 AM

Drop in temperatures, cloudy skies, rain expected in Bulgaria over the weekend

On Saturday, the minimum temperatures in Bulgaria will be from 8 to 13C, in Sofia – 10C. During the day, cloudy weather will prevail. Rain is expected in the southwestern regions. A moderate wind will blow from the east-northeast.  Maximum..

published on 9/26/25 7:25 PM

Bulgarian industry is vulnerable to climate dumping

In economic terms, Bulgaria is highly dependent on carbon-intensive production and is particularly vulnerable to the risk of these productions being shifted to countries with weaker environmental standards, with the corresponding loss of jobs and a..

published on 9/26/25 6:01 PM