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

The price of gas for April is 38.39 EUR/MWh

The Energy and Water Regulatory Commission has approved the price of natural gas for April at 38.39 EUR/MWh, excluding access, transmission, excise and VAT prices. At this price, Bulgargaz will sell natural gas to end suppliers and..

published on 4/1/25 4:10 PM

Bulgaria's second-largest thermal power plant postpones layoffs

The second-largest thermal power plant in Bulgaria, ContourGlobal Maritsa East 3, will retain its employees at this stage. This was what the executive director of the power plant, Vasil Shtonov, told BNR Stara Zagora. Today, the..

published on 4/1/25 3:56 PM

Partial state of emergency on the beach in Varna due to oil pollution

Partial state of emergency on the territory of the municipality of Varna is in effect until April 6 due to a fuel oil spill in the Black Sea, which has reached the coastline and the beach. The source of the pollution remains unknown. The first samples..

published on 4/1/25 3:27 PM