Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian government discusses compensations for citizens because of high fuel prices

Photo: library

In order to address the rising prices of fuel, the government has been considering 50 liters of fuel per citizen a month to be at a lower price, Deputy Minister of Energy Plamen Danailov has told Nova TV. The measure provides for a discount of about 13 euro cents per liter for gasoline and diesel.

According to Danailov, this would apply to individuals, and the discount would be received directly at the time of charging. The scheme is similar to the compensations and aid received for electricity, Danailov said, expressing hope that all details with traders would be clarified within this month and that the measure would take effect next month.

These compensations are part of the anti-inflation measures that the government envisages together with the abolition of the excise duty on natural gas as a motor fuel. It also plans to reduce VAT on deliveries of natural gas from 20 to 9%. According to Deputy Prime Minister Assen Vassilev, the package will total between 750 million to 1 billion euros and the abolition of the excise tax on natural gas used as motor fuel will cost the budget about 2.8 million euros.




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 attempt to elect speaker 18 days after the opening of the 51st National Assembly

Bulgarian MPs are meeting today for the seventh time in an attempt to elect a speaker of the 51st National Assembly after the first six failed to produce a result. This is how the first session of the new parliament, which began on November 11, continues..

published on 11/28/24 7:40 AM

Sunny weather in most of Bulgaria on Thursday, with fog near rivers

Overnight it will be clear. The wind will die down in most areas. After midnight along the Danube River, in lowlands and near rivers fogs will form and visibility will be reduced with low clouds. Minimum temperatures will be between minus 3°C and 2°C,..

published on 11/27/24 7:25 PM

EU ambassadors reach agreement on Bulgaria’s entry into Schengen by land

The ambassadors of the EU Member States have reached a preliminary agreement on the draft decision to abolish checks at internal land borders for Bulgaria and Romania. This is planned to happen on January 1, 2025. The decision is expected to be finally..

published on 11/27/24 5:45 PM