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

New lane to ease truck traffic at Danube Bridge in Ruse

A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative comes from the National Customs Agency, which collects the toll for crossing the facility,..

published on 7/7/25 9:18 AM
Doncho Barbalov

Around 35% of Bulgaria’s exports to the United States could be affected by potential new US tariffs

''The negative impact on Bulgaria from a possible introduction by the U.S. of a 25% tariff on EU goods would amount to USD 678 million . This would mean a 0.49% annual decrease in the country’s total exports compared to the levels without..

published on 7/7/25 8:55 AM

In Gorna Oryahovitsa: An exhibition showcases the history of sugar

Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important railway junction. To mark the 155th anniversary of its declaration as a town, the local History..

published on 7/6/25 12:25 PM